EG Acquisition Corp. (EGGF.U) Prices Downsized $225M IPO


EG Acquisition Corp. (EGGF.U) Prices Downsized $225M IPO

EG Acquisition Corp. announced the pricing of its downsized $225 million IPO and its units are expected to begin trading on the NYSE under the symbol “EGGF.U” Wednesday, May 26.

The new SPAC aims to combine with a compelling asset that has a talented management team poised for growth. EG is led by CEO Gregg S. Hymowitz, Chairman Gary Fegel and Sophia Park Mullen.

Total SPAC deal count for 2021 year-to-date is now 329. This offering is expected to close on Friday, May 28.

BTIG is acting as the sole book-running manager for the offering. Willkie Farr & Gallagher LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor.  Continental Stock Transfer & Trust Company is acting as trustee.