Jupiter Acquisition Cuts Deal Size by 25% Ahead of $150M IPO

Jupiter Acquisition in an amended S-1 said it will now offer 15 million units at $10 each, down from 20 mmillion unitis initially registered nearly a year ago, in August 2020.

The SPAC will target companies in the consumer industry in North America and Europe.

Chairman, CEO and CFO James Hauslein has served as the president and managing director of private investment firm Hauslein & Company since 1991.

Nomura, Brookline and Ladenburg Thalmann are joint book-running managers. The underwriters have an over-allotment option to purchase up to an additional 2.25 million units.

The SPAC has applied for a Nasdaq listing under JAQCU. Read more.

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