AF Acquisition Corp. (AFAQU) Prices $200M IPO


AF Acquisition Corp. (AFAQU) Prices $200M IPO

AF Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AFAQU”, Friday, March 19.

The new company aims to combine with a better-for-you consumer packaged goods business with strong retail velocities. AF is led by Chairman and President Andrew Scharf, CEO Jordan Gaspar and CFO Secretary Christopher Bradley.

Total SPAC deal count for 2021 year-to-date is now 273. This offering is expected to close on Tuesday, March 23.

Cowen and Company, LLC is acting as the book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Vinson & Elkins LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.