Jupiter Acquisition Corporation (JAQCU) Prices $150M IPO


Jupiter Acquisition Corporation (JAQCU) Prices $150M IPO

Jupiter Acquisition Corporation announced the pricing of its $150 million IPO today and its units are expected to begin trading on the Nasdaq under the ticker symbol “JAQCU” Friday, August 13.

The new SPAC intends to find a combination partner in the consumer or TMT sectors. It is led by Chairman, CEO and CFO James N. Hauslein, Vice Chairman James N. Clarke, COO James Thayer, and President Gaurav Burman.

Total SPAC deal count for 2021 year-to-date is now 411. The offering is anticipated to close on Tuesday, August 17.

Nomura Securities International Inc., Brookline Capital Markets, and Ladenburg Thalmann & Co. are serving as the joint book-running managers for the offering. Greenberg Traurig and Paul Hastings LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.