Breeze Holdings Acquisition Corp. (BREZU) Prices $100M IPO

IPO-Pricing

Breeze Holdings Acquisition Corp. (BREZU) Prices $100M IPO

Breeze Holdings Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BREZU” today, November 23.

The new company aims to combine with an energy target with significant proven reserves with potential for significant growth via the introduction of new operational techniques or management approaches. Breeze is led by Chairman, CEO and CFO J. Douglas Ramsey alongside President and Director Russell D. Griffin and COO Charles C. Ross.

Total SPAC deal count for 2020 year-to-date is now 194 with $67.90 billion in gross proceeds raised. This offering is expected to close on Wednesday, November 25.


I-Bankers Securities, Inc. is acting as the sole book-running manager for the offering with Northland Capital Markets serving as co-manager. Schiff Hardin LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

 

 

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