Iron Spark I Inc. (ISAA) Prices Downsized $150M IPO


Iron Spark I Inc. (ISAA) Prices Downsized $150M IPO

Iron Spark I Inc. announced the pricing of its downsized $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ISAA” Wednesday, June 9.

The new SPAC aims to combine with a tech-enabled target that is focused on athletics and culture, apparel and accessories and food, wellness and lifestyle. Iron Spark is led by  CEO Joshua Spear, and CFO and COO Alexander Oxman.

Total SPAC deal count for 2021 year-to-date is now 334. This offering is expected to close on Friday, June 11.

Morgan Stanley is acting as sole book-running manager in the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor.  Continental Stock Transfer & Trust Company is acting as trustee.