The new company aims to combine with a business holding valuable land or resources with potential to generate stable royalty income. American Acquisition is led by Chairman and CEO Mark C. Jensen alongside President and CFO Kirk P. Taylor.
Total SPAC deal count for 2021 year-to-date is now 270. This offering is expected to close on Monday, March 22.
Kingswood Capital Markets is serving as the lead book-running manager. Loeb & Loeb LLP is serving as Issuer’s Counsel with Lucosky Brookman LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.