B. Riley Principal 150 Merger today filed with the SEC to offer 15 million units at $10 each to raise $150 million in an IPO.
This is B. Riley Financial’s third SPAC, which intends to focus on “established businesses that have an aggregate enterprise value of approximately $300 million to $1 billion,” the filing states.
The SPAC intends to list on the Nasdaq under BRPM.U. Read more.
