Everest Consolidator Acquisition priced its IPO of 15 million units at $10 each. Units begin trading today on the NYSE under MNTN.U.
The offering is expected to close Nov. 29.
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 the sole book-running manager for the offering. Read more.