RMG III Files for $350M IPO

RMG Acquisition III file to raise $350 milion in an IPO by offering 35 million units at $10 each.

This is the third SPAC launched Riverside Management CEO James Carpenter and former Carlyle executive Robert Mancini.

RMG III has not identified a specific sector to target, but in the filing noted it will concentrate on companies with enterprise values between $1 billion and $4 billion.

The SPAC intends to list on the on Nasdaq under RMGCU. Read more.

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