B. Riley Principal Merger Corp. II (BMRG.U) Prices $175M IPO
by Kristi Marvin on 2020-05-19 at 7:39pm

B. Riley Principal Merger Corp. II (BMRG.U), announced the pricing of their $175 million SPAC IPO this evening, downsized from $200 million, and the units are expected to begin trading tomorrow, Wednesday, May 20th, under the symbol NYSE: BMRG.U.

B. Riley Principal Merger Corp. II, is being sponsored by B. Riley FBR, the bank, and will be focusing on a broad range of industries, but within the $400 million to $1 billion enterprise value range.  Additionally, B. Riley II will be led by Bryant Riley, as Chairman, and Daniel Schribman, as CEO and Director.

Total SPAC deal count for 2020 year-to-date is now 26 with $7.901 billion in gross proceeds raised. The offering is anticipated to close on Friday, May 22, 2020.


B. Riley FBR, Inc., is acting as the sole book-running manager for this offering. Winston & Strawn LLP and Ellenoff Grossman & Schole LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP, acted as auditor.

 

B. Riley Principal Merger Corp. II (BMRG.U) Prices $175M IPO
Recent Posts
by Nicholas Alan Clayton on 2025-07-15 at 10:47am

Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...

by Nicholas Alan Clayton on 2025-07-15 at 8:29am

At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...

by Kristi Marvin on 2025-07-15 at 6:06am

Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...

by Nicholas Alan Clayton on 2025-07-14 at 12:51pm

Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...

by Nicholas Alan Clayton on 2025-07-14 at 11:13am

Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved