The new company aims to combine with a media, telecom or entertainment business with compelling revenue and a defensible market position. BlueRiver is led by Co-Chairmen and Co-CEOs John Gregg and Randall Mays, who also serves as CFO. Eric Medina serves as managing director, head of finance and corporate development.
Total SPAC deal count for 2021 year-to-date is now 86 with $23.9 billion in gross proceeds raised. This offering is expected to close on Tuesday, February 2.
Goldman Sachs & Co. LLC is acting as the sole book-running manager for the offering. Goodwin Proctor LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.