Aetherium Acquisition Corp. (GMFIU) Prices $100M IPO


Aetherium Acquisition Corp. (GMFIU) Prices $100M IPO

Dec 29, 2021 IPOs by sam.beattie

Aetherium Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GMFIU” Thursday, December 30.

The new SPAC intends to focus on businesses in the education, training, and education technology industries, specifically in Asia (excluding China). Aetherium is led by Chairman and CEO Jonathan Chan, CFO Alex Lee, and EVP.

Total SPAC deal count for 2021 year-to-date is now 613. This offering is expected to close on Monday, January 3.

EF Hutton, division of Benchmark Investments, LLC, is acting as the sole book-running manager for the IPO. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. MaloneBailey LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.