Gladstone Acquisition Corp. (GLEEU) Prices $100M IPO


Gladstone Acquisition Corp. (GLEEU) Prices $100M IPO

Gladstone Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “GLEEU”, Thursday, August 5.

The new company intends to focus its search on the farming and agricultural sectors, including farming related operations and businesses that support the farming industry, where its management team has extensive experience. Gladstone is led by  CEO, President, and CIO David Gladstone, CFO Michael J. Malesardi, COO Terry L. Brubaker, General Counsel & Secretary Michael LiCalsi, EVP of East Coast Operations Bill Frisbie, and EVP of West Coast Operations Bill Reiman.

Total SPAC deal count for 2021 year-to-date is now 392. This offering is expected to close on Monday, August 9.

EF Hutton, a division of Benchmark Investments, LLC, is serving as the sole book-running manager for this offering. Cooley LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.