Revelstone Capital Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RCACU” Friday, December 17.
The new SPAC intends to pursue a target business in the consumer, media, and/or technology sectors that leverage D2C engagement as its primary go-to-market channel. Revelstone Capital is led by Co-CEOs Morgan Callagy and Daniel Neukomm.
Total SPAC deal count for 2021 year-to-date is now 605. This offering is expected to close on Tuesday, December 21.
BofA Securities and Roth Capital Partners acted as joint book-running managers in the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Morrison & Foerster LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending December 20, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. * We will be skipping next week’s Terms Tracker post while we work on putting together our “2024 Year End Review”. You can find 2023’s...
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At the SPAC of Dawn SPACs are back on the board with a new deal announcement, which is the first in a little over two weeks. This brings the fourth quarter count on fresh deals to a still-meager nine after 27 were announced in the third quarter. By contrast, this quarter has still seen more...
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