Roth CH Acquisition V Co. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ROCLU” Wednesday, December 1.
The new SPAC intends to target businesses operating in the business services, consumer, healthcare, technology, wellness, or sustainability sectors. Roth CH Acquisition V Co. is led by Co-CEOs and Co-Chairmen of the Board Byron Roth and John Lipman, Chief Financial Officer Gordon Roth, Co-Presidents Rick Hartfiel, and Aaron Gurewitz, and Co-CEOs Andrew Costa and Matthew Day.
Total SPAC deal count for 2021 year-to-date is now 561. This offering is expected to close on Friday, December 3.
Roth Capital Partners and Craig-Hallum Capital Group are acting as joint book-running managers for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
SEC Chair Gary Gensler made waves with public remarks last week noting that the agency would be looking at potentially making enforcement actions against companies found to be “AI-washing” their descriptions of business operations, claiming to have an artificial intelligence angle where one does not exist. He did not connect this issue with SPACs directly,...
At the SPAC of Dawn This week is set to see SPACs rush to tie up business combinations nicely in a bow before the final two weeks of the year. Eight SPACs currently have completion votes on the docket this week, while there are currently just four more booked for the rest of 2023. Eight...
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