Kismet Acquisition Three Corp. (KIIIU) Prices $250M IPO
by Nicholas Alan Clayton on 2021-02-17 at 7:28pm

Kismet Acquisition Three Corp. announced the pricing of its $250 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “KIIIU,” Thursday, February 18.

The new company aims to combine with a technology business with attractive growth in Europe with a particular focus on Russia. Kismet Three is led by Chairman and CEO Ivan Tavrin alongside Directors Martin Avetisyan, Clifford Tompsett and Ross Z. Lukatsevich.

Total SPAC deal count for 2021 year-to-date is now 153 with a total of $46.5 in proceeds raised. This offering is expected to close on Monday, February 22.


Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and BofA Securities, Inc. are serving as book-running managers for this offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2025-05-28 at 5:25pm

Wintergreen Acquisition Corp. (NASDAQ:WTGUU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WTGUU”, Thursday, May 29, 2025. The new SPAC plans to combine with a TMT target in Asia-Pacific region such as a developer of technology for intelligent chips, 5G or...

by Nicholas Alan Clayton on 2025-05-28 at 8:25am

At the SPAC of Dawn The intertwined rebound between SPACs and crypto continues apace this week on all ends of the SPAC lifecycle. Two more de-SPACs announced major moves towards creating Bitcoin treasuries yesterday, with Trump Media (NASDAQ:DJT) of course truly jumping in with both feet. It will use a mix of a $1.5 billion...

by Nicholas Alan Clayton on 2025-05-28 at 6:53am

Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) announced the pricing of its $220 million IPO and its units began trading on the Nasdaq under the symbol “KCHVU”, Wednesday, May 28, 2025. The new SPAC plans to combine with a target company in the aerospace or defense sectors that has a consistent track record of financial performance. Kochav...

by Nicholas Alan Clayton on 2025-05-27 at 5:32pm

ChampionsGate Acquisition Corporation (NASDAQ:CHPGU) announced the pricing of its $65 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CHPGU”, Wednesday, May 28, 2025. The new SPAC plans to conduct a broad search for a target company with a team experienced in the technology sector of the Asia-Pacific...

by Nicholas Alan Clayton on 2025-05-27 at 4:16pm

Investcorp Europe I (OTC:IVCBF) has entered into a definitive agreement to combine with construction firm nexxbuild for $55 million in share consideration. The target company is launching a wholesale building materials platform designed to connect local distributors to one another as well as customers. The parties have agreed to an initial outside date of November...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved