This new company aims to combine with a target within the leisure, gaming and hospitality industries with an overall transaction value that exceeds $750 million. IG is led by Chairman Bradley Tusk, CEO and Director Christian Goode and CFO Edward Farrell.
Total SPAC deal count for 2020 year-to-date is now 119 with $44.9 billion in gross proceeds raised. This offering is expected to close on Friday, October 2.
Cantor Fitzgerald & Co. is acting as sole book-running manager of the offering and Odeon Capital Group, LLC is acting as co-manager of the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.