UTA is entering the public market game, forming a special purpose acquisition company (SPAC) that has priced its initial public offering at $200 million.Under the ticker symbol “UTAA,” The SPAC, called UTA Acquisition Corporation, is slated to begin trading on the NASDAQ on Thursday.
According to a statement, the offering is expected to close on December 6, 2021, subject to customary closing conditions.Reggie Fils-Aimé, former Nintendo president, will serve as chair of the new company.The statement described the SPAC as a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Read more on thewrap.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.