Monument Circle Prices Upsized $218M IPO

Monument Circle Acquisition offered 1.8 million addition units to raise its IPO to $218 million, an increase of 9 percent from the $200 million originally anticipated.

Monument in earlier filings has said it will focus on businesses in the media, technology, sports and entertainment sectors.

The SPAC is led by Chairman and CEO Jeffrey Smulyan, who founded and has been the Chairman of the Board and CEO of Emmis Communications, a diversified operating company of media and technology businesses since 1979. 

Monument Circle units trade on the Nasdaq under MONCU. Read more.

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