Jaws Mustang Acquisition upsized its IPO by 20 percent, offering 90 million units at $10 each — up from the original plan to offer 75 million units as filed with the SEC last month.
The SPAC intends to focus on businesses in North America and Europe “that have a clear path to organic and inorganic growth, formidable barriers to entry, exceptional management, and strong underlying demand drivers.”
Units begin trading today on the NYSE under JWSM.U. The offering is expected to close Feb. 4. Read more.
