Talon 1 Acquisition Corp. (TOACU) Prices $200M IPO
by Marlena Haddad on 2021-11-03 at 6:27pm

Talon 1 Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TOACU” Thursday, November 3.

The new SPAC intends to focus its search on global aerospace or aviation businesses that service commercial passenger airlines, cargo airlines, business aviation operators, or special mission operators. Talon 1 is led by Chief Executive Officer and Executive Chairman Edward J. Wegel, Chief Financial Officer and Chief Accounting Officer Ryan Goepol, Chief Operating Officer Jeremy Falk, and Chief Commercial Officer Jeff Zeunik.

Total SPAC deal count for 2021 year-to-date is now 516. This offering is expected to close on Monday, November 8.

Credit Suisse Securities (USA) LLC and Exos Securities LLC (the “Underwriters”) are acting as joint bookrunners of the offering. Cozen O’Connor P.C. is serving as Issuer’s Counsel with Milbank LLP serving as Underwriter’s Counsel.  Marcum, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

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