Roth CH Acquisition III Co. (ROCRU) Prices Downsized $100M IPO


Roth CH Acquisition III Co. (ROCRU) Prices Downsized $100M IPO

Roth CH Acquisition III Co. announced the pricing of its downsized $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ROCRU,” Wednesday, March 3.

The new company aims to combine with an established middle-market business that presents opportunities for add-on acquisitions. Roth CH III is led by Co-CEO and Chairman Byron Roth, Co-CEO John Lipman, CFO Gordon Roth, and Co-Presidents Rick Hartfiel and Aaron Gurewitz.

Total SPAC deal count for 2021 year-to-date is now 205. This offering is expected to close on Friday, March 5.

Roth Capital Partners and Craig-Hallum Capital Group are acting as joint book-running managers for the offering.  Loeb & Loeb LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.