KKR Acquisition Holdings I Corp. (KAHC.U) Prices Upsized $1.2Bn IPO

KKR Acquisition Holdings I Corp. announced the pricing of its upsized $1.2 billion IPO and its units are expected to begin trading on the NYSE under the symbol “KAHC.U,” Wednesday, March 17.

The new company aims to combine with a consumer or retail target taking part in the digital transformation of the consumer experience. KKR I is led by CEO and Executive Chairman Glenn Murphy.

Total SPAC deal count for 2021 year-to-date is now 263. This offering is expected to close on Friday, March 19.

Citigroup Global Markets Inc. is serving as the sole book-running manager for this offering with Academy Securities, Inc., AmeriVet Securities, Blaylock Van, LLC, Cabrera Capital Markets LLC, CastleOak Securities, L.P., C.L. King & Associates, Inc., Guzman & Company, Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc., Roberts & Ryan Investments, Inc., Siebert Williams Shank & Co., LLC and Telsey Advisory Group LLC acting as co-managers. Ropes & Gray LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.