Argus Capital Corp. (ARGUU) Prices Upsized $265M IPO


Argus Capital Corp. (ARGUU) Prices Upsized $265M IPO

Sep 22, 2021 IPOs by Kristi Marvin

Argus Capital Corp. announced the pricing of its upsized $265 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARGUU” Wednesday, September 22.

The Company intends to pursue a business combination in the media/entertainment/sports industry including “over-the-top” digital streaming, mobile gaming/interactive entertainment, and digital media, which can capitalize on the expertise of its management team. Argus Capital Corp. is led by Chief Executive Officer and Chairman Joseph R. Ianniello and President and Vice Chairman Marc DeBevoise.

Total SPAC deal count for 2021 year-to-date is now 438. This offering is expected to close on Friday, September 24.

Goldman Sachs & Co. LLC and Morgan Stanley are acting as the joint book running managers for the offering. Hughes Hubbard & Reed LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.