KnightSwan Acquisition Corp. (KNSW.U) Prices $200M IPO


KnightSwan Acquisition Corp. (KNSW.U) Prices $200M IPO

Jan 20, 2022 IPOs by Marlena Haddad

KnightSwan Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “KNSW.U” Friday, January 21.

The new SPAC intends to identify businesses at the leading edge of technological innovation in three key sectors: cloud, cybersecurity, and mission intelligence. KnightSwan is led by Non-Executive Chair of the Board of Directors Teresa Carlson, CEO Brandee Daly, and CFO Matthew McElroy.

Total SPAC deal count for 2022 year-to-date is now 20. This offering is expected to close on Tuesday, January 25.

RBC Capital Markets is acting as the sole book-running manager for the offering. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.