UTA Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “UTAAU” Thursday, December 2.
The new SPAC intends to focus its search on businesses in gaming, but also across related areas within the broader digital media, creator economy, entertainment, and technology landscape. UTA is led by Chairman of the Board Reginald Fils-Aime, Co-CEOs Clinton Foy and Jamie Sharp, President Ophir Lupu, and CFO Chris Jefferies.
Total SPAC deal count for 2021 year-to-date is now 565. This offering is expected to close on Monday, December 6.
Credit Suisse is acting as the sole bookrunner for the offering. Skadden, Arps, Slate, Meagher & Flom LLP is serving as Issuer’s Counsel with Cravath, Swaine & Moore LLP serving as Underwriter’s Counsel. BDO, USA serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending November 24, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This being the Thanksgiving holiday week, we are thankful for a lot of things, but mostly that 2023 is almost over. It’s been a rough...
At the SPAC of Dawn Though perhaps stuffed to the brim, SPAC activity continues this Thanksgiving Friday with votes by Clean Earth and Zalatoris to extend a deadline and amend trust contributions, respectively. At least seven de-SPACs are also reporting earnings today and will do so going into a futures market that is mostly green...
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