B. Riley Principal 250 Merger Corp. registered with the SEC to offer 25 million units at $10 each.
This is B. Riley’s fourth SPAC. The new blank-check company plans to target “established businesses that have an aggregate enterprise value of approximately $800 million to $2 billion.”
The SPAc is led by CEO and CFO Daniel Shribman, who is chief investment officer of B. Riley Financial and president of B. Riley Principal Investments.
B. Riley Principal 150 priced its $150 million IPO last week.
The new SPAC said it will apply to list on the Nasdaq under BRIVU. Read more.
