Former CBS Execs’ SPAC to Raise $265 Million Through IPO
Argus Capital Corp., the SPAC being run by former CBS executives Joe Ianniello and Marc DeBevoise, has set its IPO pricing. Offering 26,500,000 units to the public at $10 apiece, Argus aims to raise $265 million to acquire businesses in the “tech-driven media landscape.”Starting Wednesday, the special-purpose acquisition company’s IPO units are being listed on the NASDAQ under ARGUU.