Northern Star Investment Corp. IV (NSTD.U) Prices Upsized $350M IPO


Northern Star Investment Corp. IV (NSTD.U) Prices Upsized $350M IPO

Northern Star Investment Corp. IV announced the pricing of its upsized $350 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “NSTD.U,” Tuesday, March 2.

The new company aims to combine with a direct-to-consumer target or disruptive e-commerce marketplace with a data-driven business. Northern Star III is led by Chairperson and CEO Joanna Coles, CFO James H.R. Brady and President and COO Jonathan Ledecky.

Total SPAC deal count for 2021 year-to-date is now 202. This offering is expected to close on Thursday, March 4.

Citigroup Global Markets Inc. is acting as the sole book running manager for the offering. Graubard Miller is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.