Global Synergy Acquisition Corp. announced the pricing of its $225 million IPO last night and its units are expected to begin trading on the Nasdaq under the symbol “GSAQU” today, January 8.
Global Synergy intends to focus on sectors such as IT Services and Business Process Outsourcing (BPO), or collectively defined as Technology Services or IT Enabled Services (“ITES”). The company is led by Chairman and Director Hank Uberoi and President, Co-CEO and Director Alok Oberoi. Mr. Oberoi will be joined by Suresh Vaswani as Co-CEO and Director.
Total SPAC deal count for 2021 year-to-date is now 25 with $6.1 billion in gross proceeds raised. This offering is expected to close on Tuesday, January 12.
Credit Suisse and J.P. Morgan are acting as joint book-running managers of the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.


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At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...