UTA Acquisition 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.
The offering is expected to close Dec. 6.
The company intends to identify and complete a merger with a business operating in the gaming, digital media, creator economy, entertainment and technology industries.
The sponsor is a partnership between affiliates of UTA, a talent, entertainment and sports representation company and members of UTA’s management team, along with Connaught, a financial advisory and merchant banking firm.
Credit Suisse is sole book-running manager for the offering. Read more.