Colombier Acquisition closed its IPO of 15 million units priced at $10 per unit.
Units trade on the NYSE under CLBR.U. Each consists of one share of Class A common stock and one-third of one warrant; whole warrants exercisable at $11.50 for a share. Once the securities comprising the units begin separate trading, stock and warrants are expected to list under CLBR and CLBR WS, respectively.
B. Riley Securities was sole bookrunning manager for the offering.
The SPAC has said it will target companies in any sector with enterprise value of approximately $500 million to $1.25 billion. Read more.
