Arctos NorthStar Acquisition priced its IPO of 27.5 million units at $10 each.
Unitsbegin trading today on the NYSE under ANAC.U. Each consists of one Class A ordinary share and one-fourth of one redeemable warrant. A whole warrant entitles the holder to purchase one Class A ordinary share at $11.50. Once the securities comprising the units begin separate trading, shares and redeemable warrants will list under ANAC and ANAC WS, respectively.
The SPAC is sponsored by Arctos NorthStar Acquisition Holdings, an affiliate of Arctos Sports Partners, and is led by Arctos Executive-in-Residence Theo Epstein, Arctos Managing Partner and co-Founder Doc O’Connor and Arctos Managing Partner and co-Founder Ian Charles.
Arctos intends to pursue opportunities in the sports, media and entertainment sectors. Read more.
