Sculptor Acquisition I priced its IPO of 20 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a warrant. Shares begin trading today on the NYSE under SCUA.U.
Sculptor I will target the real estate sector.
CEO and Director Steven Orbuch is the founder and president of Sculptor Real Estate at Sculptor Capital. He is also an executive managing director and a member of the firm’s partner management committee.
Goldman Sachs is managing the offering. The underwriters’ over-allotment options covers the purchase of up to 3 million additional units. Read more.
