Northern Star Files Downsized IPO for $250M

Northern Star announced after the market close Nov. 10 that it priced its $250 million IPO, with shares expected to begin trading today on the NYSE under “STIC.U”. The SPAC’s initial prospectus priced the IPO at $300 million.

Once the securities begin separate trading, shares of the Class A common stock and redeemable warrants are expected to be listed on the NYSE under the symbols “STIC” and “STIC WS,” respectively.

Northern Star is focused on the beauty, wellness, self-care, fashion, e-commerce, subscription and digital-media sectors. The company is led by CEO and Chair Joanna Coles, and Jonathan Ledecky, President and COO. Read more.

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