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The Music Acquisition Corporation Announces Closing of $230 Million Initial Public Offering February 05, 2021 12:16 ET | Source: Music Acquisition Corp Music Acquisition Corp New York, Feb. 05, 2021 (GLOBE NEWSWIRE) The Music Acquisition Corporation (the “Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes the 3,000,000 units sold pursuant to the exercise of the underwriters’ over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000. The Company’s units are listed on the New York Stock Exchange (the “NYSE”) and commenced trading under the ticker symbol “TMAC.U” on February 3, 2021. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Once the secu ....
Music Has A New $200M Player The music industry has a new $200 million player after The Music Acquisition Corporation priced its NYSE IPO Tuesday. The Music Acquisition Corporation offered 20 million IPO units at $10.00 per unit to be listed on the New York Stock Exchange under the symbol TMAC.U. By the close of trading Wednesday the IPO units rose 5% to $10.50 with futures trading slightly higher early Thursday morning A ‘Blank Check Company’ Led by former long-time Geffen Records President Neil Jacobson, The Music Acquisition Corporation is a blank check company “whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. “ ....
New York , Feb. 02, 2021 (GLOBE NEWSWIRE) The Music Acquisition Corporation (the “Company”) today announced the pricing of its initial public offering. ....
Ex-Geffen Records Chief Neil Jacobsen Plans $200 Million IPO for Music-Rights Company lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.