NEW YORK--(BUSINESS WIRE)--Electrum Special Acquisition Corporation (NASDAQ: ELECU) (the "Company") today announced the closing of its initial public offering of 20 million units at $10.00 per unit, including 2.5 million units issued pursuant to the partial exercise by the underwriters of their over-allotment option, with the offering raising gross proceeds of $200 million. The Company originally filed a registration statement to register 15 million units, and registered an additional 2.5 milli