New SPAC Oyster Enterprises Acquisition filed to offer 20 million units at $10 each to raise $200 million in an IPO.
The SPAC’s target sectors include media, technology, consumer products, industrials, real estate, real estate services, financial services, hospitality and entertainment.
Oyster is sponsored by an affiliate of Alden Global and is led by CEO and Vice-Chairman Heath Freeman, a founding member of Alden and president since 2014. He has been managing and investing in companies with an opportunistic and catalyst-driven approach since he joined Alden Global’s predecessor Smith Management in 2006.
Oyster intends to list on the Nasdaq under OSTRU. Read more.
