G&P Acquisition priced its IPO of 17.5 million units at $10 each.
Units begin trading today on the NYSE under GAPA.U. Each consists of one share of Class A common stock and one-half of one redeemable warrant, with whole warrants exercisable $11.50 for a share. Once the securities constituting the units begin separate trading, stock and warrants are expected to list under GAPA and GAPA WS, respectively.
G&P intends to focus its search on investment opportunities in the food and beverage, consumer goods, automotive and hospitality sectors. Read more.
