Benessere Capital Acquisition Corp. (BENEU) Prices $100M IPO


Benessere Capital Acquisition Corp. (BENEU) Prices $100M IPO

Benessere Capital Acquisition Corp. announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “BENEU” Tuesday, January 5.

The new company aims to combine with a technology-focused middle market business in the Americas valued at $200 million to $1 billion. Benessere is led by Chairman and CEO Patrick Orlando, CFO and Secretary Francisco O. Flores and COO Guillermo Cruz.

Total SPAC deal count for 2021 year-to-date is now 2 with $300.0 million in gross proceeds raised. This offering is expected to close on Thursday, January 7.

Kingswood Capital Markets, division of Benchmark Investments, Inc. is acting as the sole book running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.