Metal Sky Star Acquisition Corp. (MSSAU) Prices $100M IPO

Metal Sky Star Acquisition Corp. priced its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MSSAU” Friday, April 1.

The new SPAC intends to acquire one or more growth businesses with a total enterprise value of between $300 million and $600 million. Metal Sky Star is led by CEO Man Chek Leung and CFO Wenxi He.

Total SPAC deal count for 2022 year-to-date is now 55. This offering is expected to close on Tuesday, April 5.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunner and the representative of the underwriters in the offering. Becker & Poliakoff LLP is serving as Issuer’s Counsel with Kramer Levin Naftalis & Frankel LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Wilmington Trust, National Association is acting as trustee.