The new SPAC intends to focus on companies that operate in Latin American markets with an enterprise value of between $400 million to $1.0 billion. Rose Hill is led by Co-CEOs Felipe C. Canales and Marco A. Simental, Chief Strategy Officer Jose I. Mujica, and Co-CFOs Albert G. Hill IV and Juan Jose Rosas.
Total SPAC deal count for 2021 year-to-date is now 465. This offering is expected to close on Monday, October 18.
Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Proskauer Rose LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. BDO USA, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.