Everest Consolidator Acquisition registered to offer 15 million units, each priced at $10 and consisting of one share and one-half of a warrant.
The new SPAC plans to target businesses in the wealth management industry, including independent financial advisory providers as well as wealth management-focused technology companies.
Everest Consolidator is led by CEO, President, Treasurer, and Director Adam Dooley, who is founder, chairman and CEO of PE firm of Belay International.
BofA Securities is sole book-running manager. The underwriter’s over-allotment option covers the purchase of up to 2.25 million units.
The SPAC intends to apply for a listing on the NYSE under MNTN.U. Read more.
