FirstMark Horizon Acquisition Corp. announced the pricing of its upsized $360 million IPO this evening and the units are expected to begin trading on the NYSE under the symbol “FMAC.U” tomorrow, Tuesday, October 6th.
This new company aims to combine with a generational technology target driving digital adoption and innovation. FirstMark is led by CEO and Director Richard Heitzmann, President and Chairman Amish Jani, Secretary and Director Eric D. Cheung, and CFO Daniel Gaisin.
Total SPAC deal count for 2020 year-to-date is now 128 with $44.9 billion in gross proceeds raised. This offering is expected to close on Thursday, October 8, 2020.
Credit Suisse is acting as sole book-running manager of the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Proskauer Rose LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.