GO Acquisition Corp. (GOAC.U) Prices $500M IPO

IPO-Pricing

GO Acquisition Corp. (GOAC.U) Prices $500M IPO

GO Acquisition Corp. (GOAC.U), announced the pricing of their $500 million SPAC IPO this evening and the shares are expected to begin trading tomorrow, Wenesday, August 5th, under the symbol NYSE: GOAC.U.

GO Acquisition Corp. intends to focus on travel-related and travel-adjacent businesses with either all or a substantial portion of their activities in North America or Europe. GO will be led by Noam Gottesman and M. Gregory O’Hara, as Co-Chief Executive Officers and Directors.

Total SPAC deal count for 2020 year-to-date is now 58 with $23.5 billion in gross proceeds raised. The offering is anticipated to close on Friday, August 7, 2020.


Credit Suisse Securities (USA) LLC is serving as lead book-running manager for this offering.  Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are serving as book-running managers for this offering. Greenberg Traurig PA and Paul Hastings LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.

 

Leave a Reply