Advanced Merger Partners, Inc. (AMPI.U) Prices $250M IPO


Advanced Merger Partners, Inc. (AMPI.U) Prices $250M IPO

Advanced Merger Partners Inc. announced the pricing of its $250 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “AMPI.U,” Tuesday, March 2.

The new company aims to combine with a target that sees merit in the advice of the SPAC’s experienced management and affiliate connections. Advanced Merger Partners is led by Chairman John Mavredakis, CEO Roy J. Katzovicz, CFO Stephen Katchur, and COO Gregory S. Lyss.

Total SPAC deal count for 2021 year-to-date is now 192. This offering is expected to close on Thursday, March 4.

Goldman Sachs & Co. LLC is acting as the sole book-running manager for the offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.