New Vista Acquisition Corp (NVSAU) Prices Upsized $240M IPO

SPAC pricing

New Vista Acquisition Corp (NVSAU) Prices Upsized $240M IPO

New Vista Acquisition Corp announced the pricing of its upsized $240 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “NVSAU,” Wednesday, February 17.

The new company aims to combine with a business that has cutting edge technology for air mobility or logistics in space. New Vista is led by Chairman and CEO Dennis A. Muilenburg, Co-President and COO Kirsten Bartok Touw, and Co-President and CFO Travis S. Nelson.

Total SPAC deal count for 2021 year-to-date is now 148. This offering is expected to close on Friday, February 19.

Citigroup Global Markets Inc. and Jefferies LLC are acting as joint book-running managers for the offering. Skadden, Arps, SLate, Meagher & Flom LLP is serving as Issuer’s Counsel with Shearman & Sterling LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.