 NEW YORK--BUSINESS WIRE--Ignyte Acquisition Corp. NASDAQ: IGNYU the Company announced that it closed its initial public offering of 5,750,000 units, including the full 750,000 units subject to the underwriters over-allotment option. The units were sold at 10.00 per unit generating total gross proceeds of 57,500,000. The units were listed on the Nasdaq Capital Market Nasdaq under the ticker symbol IGNYU and commenced trading on January 28, 2021. Each unit consists of one share of 