Evo Acquisition Corp. (EVOJU) Prices Upsized $108.7M IPO
by Nicholas Alan Clayton on 2021-02-08 at 7:52pm

Evo Acquisition Corp. announced the pricing of its upsized $108.7 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “EVOJU” Tuesday, February 9.

The new company aims to combine with a financial or technology business valued at $250 million to $750 million with a nexus to Japan. Evo is led by Chairman Michael Lerch, CEO Richard Chisholm and CFO Adrian Brindle.

Total SPAC deal count for 2021 year-to-date is now 124  with $36.8 billion in gross proceeds raised. This offering is expected to close on Thursday, February 11.


B. Riley Securities, Inc. and SMBC Nikko Securities America, Inc. are acting as book-running managers of the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Reed Smith LLP serving as Underwriter’s Counsel. KPMG LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Evo Acquisition Corp. (EVOJU) Prices Upsized $108.7M IPO
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