Boxwood Merger Corp. (BWMCU) Prices $200 Million SPAC IPO

Boxwood Merger Corp. (BWMCU), the $200 million Macquarie-backed SPAC being led by Stephen Kadenacy, announced Thursday evening they have priced their IPO and will trade Friday under the symbol Nasdaq: BWMCU.  Boxwood intends to focus on companies that provide technical and industrial services in the United States.

Total 2018 deal count is now 43 SPACs with $10.189 billion in total gross proceeds raised year-to-date.

Congratulations to all.

BofA Merrill Lynch, Morgan Stanley and Macquarie Capital were joint book-running managers. I-Bankers Securities was co-manager.

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