Graf Industrial Prices $225 Million SPAC IPO


Graf Industrial Prices $225 Million SPAC IPO

Oct 15, 2018 INTEL by Kristi Marvin

Graf Industrial, the $225 million industrials-focused SPAC being led by James Graf, announced Tuesday evening they have priced their IPO and will trade tomorrow under the symbol NYSE: GRAF.U.

Graf Industrial is the sixth SPAC to price this October with total gross proceeds raised for the month of $1.114 billion.

Total 2018 deal count is now 39 SPACs with $9.336 billion in total gross proceeds raised YTD.

Congratulations to all.

EarlyBirdCapital and Oppenheimer & Co are co-bookrunning managers. I-Bankers Securities is co-manager.