ARYA Sciences Acquisition Corp. V (ARYE) Prices $130M IPO


ARYA Sciences Acquisition Corp. V (ARYE) Prices $130M IPO

Jul 12, 2021 IPOs by Marlena Haddad

ARYA Sciences Acquisition Corp. V announced the pricing of its $130 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ARYE” Tuesday, July 13.

The new SPAC aims to combine with a target that has a scientific advantage and a valuation of $300 million to $500 million or more. ARYA Sciences Acquisition Corp. V is led by Chairman Joseph Edelman, CEO Adam Stone, CFO Michael Altman, and CBO Konstantin Poukalov.

Total SPAC deal count for 2021 year-to-date is now 368. This offering is expected to close on Thursday, July 15.

Jefferies LLC and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.