Revelstone Capital Acquisition priced its initial public offering of 15 million units at $10 each. The units begin trading today on the Nasdaq under the ticker symbol RCACU. Each consists of one share and one-half of a warrant.
The offering is expected to close Dec. 21.
The new SPAC intends to pursue prospective targets in the consumer, media and/or technology markets with a focus on the active consumer landscape.
BofA Securities and Roth Capital Partners acted as joint book-running managers in the offering. Read more.
