Glass Houses Acquisition Corp. (GLHAU) Prices $200M IPO


Glass Houses Acquisition Corp. (GLHAU) Prices $200M IPO

Glass Houses Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GLHAU”, Tuesday, March 23.

The new company aims to combine with a target business providing critical resources to the 21st century economy valued between $500 million and $2 billion. Glass Houses is led by CEO and Chairman Quincy Fennebresque and CFO Tonya Clark.

Total SPAC deal count for 2021 year-to-date is now 279. This offering is expected to close on Thursday, March 25.

Jefferies LLC is serving as the book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.