D8 Holdings Corp. (DEH.U), announced the pricing of their upsized $300 million IPO tonight and the units are expected to begin trading tomorrow, Wednesday, July 15th, under the symbol NYSE: DEH.U
D8 Holdings Corp. will be focusing on companies in the consumer sector, and specifically, global and regional consumer brands. D8 will be led by David Chu, as Chief Executive Officer and Director, and Donald Tang, as President and Director. Robert Kirby will be Chief Financial Officer.
Total SPAC deal count for 2020 year-to-date is now 43 with $13.578 billion in gross proceeds raised. The offering is anticipated to close on Friday, July 17, 2020.
UBS Investment Bank acted as sole book-running manager of the offering. White & Case LLP and Ellenoff Grossman & Schole LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.
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SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among potential targets in the security industry. We look at why they are compelling and why each could be a fit for a blank-check merger. Security is on the market’s mind and is expected to grow at a CAGR...
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