Alpine Acquisition Corp. (REVEU) Prices $100M IPO

Alpine Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “REVEU” Tuesday, August 31.

The new SPAC intends to combine with LA-based amusement park Two Bit Circus, concurrent with the completion of an initial business combination focusing on businesses such as drive-to destination hotels, digital entertainment and gaming, and lodging technology. Alpine is led by Chairman Elan Blutinger, CEO Kim Schaefer, and CFO Alex Lombardo.

Total SPAC deal count for 2021 year-to-date is now 418. This offering is expected to close on Thursday, September 2.

Maxim Group LLC served as the sole book-running manager on the offering. Graubard Miller 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.