Frontier Acquisition Corp. (FRONU) Prices $200M IPO


Frontier Acquisition Corp. (FRONU) Prices $200M IPO

Mar 10, 2021 IPOs by Kristi Marvin

Frontier Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FRONU”, Thursday, March 11.

The new company aims to combine with a company in the biotechnology sector. Frontier is led by Director and Co-President Rick Gerson, Chief Executive Officer Christian Angermayer, and Co-President Ryan Khoury.

Total SPAC deal count for 2021 year-to-date is now 244 This offering is expected to close on Monday, March 15.

Credit Suisse Securities (USA) LLC is acting as the sole book-running manager of the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.