The new SPAC aims to combine with a target that has a scientific advantage and a valuation of $300 million to $500 million or more. ARYA Sciences Acquisition Corp. V is led by Chairman Joseph Edelman, CEO Adam Stone, CFO Michael Altman, and CBO Konstantin Poukalov.
Total SPAC deal count for 2021 year-to-date is now 368. This offering is expected to close on Thursday, July 15.
Jefferies LLC and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering. Kirkland & Ellis 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.