Environmental Impact Acquisition Corp. announced the pricing of its upsized $180 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “ENVIU” Thursday, January 14.
The new company aims to combine with an established middle market business offering unique solutions that advance global sustainability. Environmental Impact is led by CEO and President Daniel Coyne alongside Marc Marano.
Total SPAC deal count for 2021 year-to-date is now 42 with $11.4 billion in gross proceeds raised. This offering is expected to close on Tuesday, January 19.
Canaccord Genuity is acting as the sole book-running manager. Roth Capital Partners is acting as qualified independent underwriter. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. serving as Underwriter’s Counsel. WithumSmtih+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.