Signal Hill Acquisition registered with the SEC to offer 10 million units at $10 each. The capital raise would go toward the acquisition of direct-to-consumer media, technology, or emerging digital enterprise focused businesses.
Each unit consists of one share and one-half of a warrant. Signal Hill’s sponsor has committed to purchasing up to $6 million in warrants. The initial stockholders own an aggregate of 2.875 million shares of Class B common stock.
CEO and Director Jonathon Bond was the co-founder and CEO of Kirshenbaum Bond Senecal & Partners, an integrated advertising and media agency. Prior to his tenure at Kirshenbaum, Bond was CEO of Big Fuel Communications.
B. Riley is sole book-running manager.
The SPAC in the filing said it has appleid for a Nasdaq listing under the symbol SGHLU. Read more.
