Post Holdings Partnering Corporation (PSPC.U) Prices $300M IPO


Post Holdings Partnering Corporation (PSPC.U) Prices $300M IPO

May 26, 2021 IPOs by Marlena Haddad

Post Holdings Partnering Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “PSPC.U” Wednesday, May 26.

The new SPAC aims to combine with a future-forward company that has consumer utility, strong brand awareness, and unique value propositions.  Post Holdings is led by President and CIO Robert Vitale, and CFO Bradley Harper.

Total SPAC deal count for 2021 year-to-date is now 328. This offering is expected to close on Friday, May 28.

Evercore Group L.L.C. and Barclays Capital Inc. are acting as the lead book-running managers for 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.