Artemis Strategic Investment Corp. (ARTEU) Prices $175M IPO


Artemis Strategic Investment Corp. (ARTEU) Prices $175M IPO

Sep 29, 2021 IPOs by Marlena Haddad

Artemis Strategic Investment Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARTEU” Thursday, September 30.

The Company intends to combine with targets in the gaming, hospitality and entertainment industries, including transformational technology companies operating in these industries. Artemis Strategic Investment is led by Co-CEO and Chairperson Holly Gagnon, Co-CEO and President Philip Kaplan, CFO, Treasurer, and Secretary Thomas Granite, and SVP of Acquisitions and Accounting Scott Shulak.

Total SPAC deal count for 2021 year-to-date is now 447. This offering is expected to close on Monday, October 4.

Barclays Capital Inc. and BMO Capital Markets Corp. are acting as the joint book-running managers of the offering. White & Case LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.