JAWS Hurricane Group Acquisition Corp. announced the pricing of its upsized $275 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “HCNEU” Friday, June 11.
The new SPAC aims to combine with a North American consumer or technology target that is growth-oriented. JAWS Hurricane is led by Chairman Berry Sternlicht, CEO Matthew Walters, and CFO Michael Racich.
Total SPAC deal count for 2021 year-to-date is now 339. This offering is expected to close on Tuesday, June 15.
Credit Suisse and J.P. Morgan are acting as the joint book-running manager of the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher, and Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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