Riverview Acquisition closed its IPO of 25 million units.
The units trade on the Nasdaq under RVACU. Once the securities begin separate trading, stock and warrants are expected to list under RVAC and RVACW.
The SPAC said it intends to focus on combining with consumer-focused enterprises, including e-commerce, on the energy services and renewables sector and on the insurance and financial services sector.
Cantor Fitzgerald was sole bookrunner for the offering. Stephens was co-manager. The underwriters have an over-allotment option to purchase up to an additional 3.75 million units at the IPO price. Read more.
