Range Capital Acquisition Corp. (NASDAQ: RANGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RANGU”, Friday, December 20, 2024.
The new SPAC intends to take a generalist approach in searching for a business combination, but will seek opportunities in capital constrained sectors with limited competition for assets.
Range Capital Acquisition Corp.’s sponsor team is led by Chairman, Chief Executive Officer and Chief Financial officer, Tim Rotolo.
James Grigor, Alexander Matina, and John Lovett will serve on its Board of Directors.
Total SPAC deal count for 2024 year-to-date is now 56. This offering is expected to close on Monday, December 23, 2024.
EarlyBirdCapital, Inc. is serving as the sole book-running manager of the offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Transfer & Trust Company is acting as trustee.
Titan Acquisition Corp has filed for a $240 million SPAC IPO, aiming to focus on opportunities in the finance and tech-enabled services industry. The blank-check company intends to list on the Nasdaq under the symbol “TACHU”, offering 24,000,000 units at $10.00 each, with the trust funded at 100.5%. The unit structure includes one-half of one...
Dune II (NASDAQ:IPODU) has filed for a $150 million IPO to give its young team a chance to go two-for-two with completed deals in its SPAC series. The Dune team had a tumultuous run in their first outing that eventually saw it combine with sustainable fuel developer Global Gas (OTC:HGAS) in 2023. Dune I was...
Siddhi Acquisition Corp has filed for a $200 million SPAC backed by the consumer-focused investment firm of the same name and becomes the second new SPAC to file with Santander since the start of the year. Like Santander’s earlier IPO for Live Oak V (NASDAQ:LOKVU), Siddhi is overfunding its trust to 100.5% with $10.05 per...
At the SPAC of Dawn SPAC teams bookended this past weekend with the filing of three new SPACs, collectively seeking to raise $640 million in capital. The new S-1 for Titan Acquisition Corp. (NASDAQ:TACHU) puts Cantor Fitzgerald back in the hunt among top underwriters for new SPACs filed in 2025. Two SPACs are also seeking...
Terms Tracker for the Week Ending March 7, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. It was an extremely quiet week on the SPAC front with no IPOs pricing, but there were three new S-1 filings. There was also only...