InvestIndustrial (IIAC) Secures $125M Redemption Offset

iiac-zegna

InvestIndustrial (IIAC) Secures $125M Redemption Offset

InvestIndustrial Acquisition Corp. (NYSE:IIAC) announced this morning that they have secured an up to $125 million Redemption Offset Arrangement ahead of their scheduled shareholder vote to combine with Ermenegildo Zegna Holditalia SpA (“Zegna”) on Wednesday, December 15th. IIAC has an estimated $402.6 million held in trust and had previously announced a $250 million PIPE in
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