Arctos NorthStar Acquisition Corp. (ANAC.U) Prices $275M IPO


Arctos NorthStar Acquisition Corp. (ANAC.U) Prices $275M IPO

Feb 22, 2021 IPOs by Kristi Marvin

Arctos NorthStar Acquisition Corp. announced the pricing of its $275 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “ANAC.U,” Tuesday, February 23.

Arctos NorthStar Acquisition Corp. intends to pursue opportunities in the sports, media and entertainment sectors. The company is led by Director and Chairman of the Board David O’Connor and Director and Chief Executive Officer Theo Epstein.

Total SPAC deal count for 2021 year-to-date is now 165. This offering is expected to close on Thursday, February 25.

Citigroup Global Markets Inc. is acting as the sole book-running manager of the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Shearman & Sterling LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.