Alpine Acquisition closed its IPO of 10.7 million units, including 700,000 bought by the underwriters in their over-allotment option.
Units list on the Nasdaq under REVEU. Once the securities begin separate trading, shares and warrants are expected to list under REVE and REVEW.
Alpine intends to focus its search on drive-to-destination hotels, digital entertainment and gaming, and lodging technology businesses. The SPAC is sponsored by Alpine Acquisition Sponsor, an affiliate of Alpine Consolidated.
Maxim Group LLC acted as sole book-running manager for the offering. Read more.
