D and Z Media Acquisition Corp. announced the pricing of its $250M IPO this morning and its units are expected to begin trading on the NYSE under the symbol “DNZ.U” today, January 26.
The new company aims to combine with a business in the media, education technology (“ed-tech”), and other related industries. D and Z Media is led by Chairman, President, and CEO Betty Liu, and CFO Mark Wiltamuth.
Total SPAC deal count for 2021 year-to-date is now 73 with $20.7 billion in gross proceeds raised. This offering is expected to close on Thursday, January 28.
Goldman Sachs & Co. LLC is acting as book running manager and Loop Capital Markets LLC is acting as co-manager. Greenberg Traurig, P.A. is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending March 15, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Maybe it’s the weather, but there was a perceptible change this week in the air. That’s not to say that we should expect a big...
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