Americas Technology Acquisition Corp. (ATA.U) Prices $100M IPO


Americas Technology Acquisition Corp. (ATA.U) Prices $100M IPO

Americas Technology Acquisition Corp. announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “ATA.U” tomorrow, Tuesday, December 15.

The new company aims to combine with a TMT business in the mobile and digital technologies space with scalable and recurring contractual revenue. Americas Technology is led by Chairman Lisa Harris, CEO Jorge Marcos and CFO Juan Pablo Visoso.

Total SPAC deal count for 2020 year-to-date is now 232 with $77.96 billion in gross proceeds raised. This offering is expected to close on Thursday, December 17.

EarlyBirdCapital, Inc. acted as sole book-running manage for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.