Consilium Acquisition Corp. I, Ltd. (CSLMU) Prices Upsized $165M IPO


Consilium Acquisition Corp. I, Ltd. (CSLMU) Prices Upsized $165M IPO

Jan 13, 2022 IPOs by Marlena Haddad

Consilium Acquisition Corp. I, Ltd. announced the pricing of its upsized $165 million IPO, and its units are expected to begin trading on the Nasdaq under the symbol “CSLMU” Thursday, January 13.

The new SPAC intends to focus on disruptive new economy companies across Frontier Growth Markets, located in the Middle East North Africa, Sub-Saharan Africa, South Asia and Southeast Asia. Consilium I is led by CEO and CFO Charles Cassel, Chairman Jonathan Binder, and COO Faisal Ghori.

Total SPAC deal count for 2022 year-to-date is now 11. This offering is expected to close on Tuesday, January 18.

BTIG, LLC is acting as sole book-running manager for the offering. I-Bankers Securities, Inc. is acting as co-manager for the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. BDO USA, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.