Rose Hill Acquisition Corp. (ROSEU) Prices $125M IPO


Rose Hill Acquisition Corp. (ROSEU) Prices $125M IPO

Oct 14, 2021 IPOs by Marlena Haddad

Rose Hill Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ROSEU” Thursday, October 14.

The new SPAC intends to focus on companies that operate in Latin American markets with an enterprise value of between $400 million to $1.0 billion. Rose Hill is led by Co-CEOs Felipe C. Canales and Marco A. Simental, Chief Strategy Officer Jose I. Mujica, and Co-CFOs Albert G. Hill IV and Juan Jose Rosas.

Total SPAC deal count for 2021 year-to-date is now 465. This offering is expected to close on Monday, October 18.

Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Proskauer Rose LLP is serving as Issuer’s Counsel with  Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. BDO USA, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.