Heartland Media Acquisition priced its initial public offering of 17.5 million units at $10 each. The units list on the New York Stock Exchange begin trading today under the ticker symbol HMA.U. Each consists of one share and one-half of a warrant.
Once the securities begin separate trading, shares and warrants are expected to list under the symbols HMA and HMA.WS.
The offering is expected to close Jan. 25.
Heartland Media Acquisition intends to focus on businesses in the media, entertainment and sports sectors.
BofA Securities and Moelis are joint book-running managers for the offering. Read more.
