Haymaker Acquisition Corp V prices $250M IPO at $10 per unit

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • Haymaker Acquisition Corp V priced its IPO of 25 million units at $10.00 each
  • The offering raises a total of $250 million for the special purpose acquisition company
  • Shares will list on the NYSE under the ticker symbol HYACU
  • Closing is scheduled for September 18
  • Each unit includes one Class A share and one-third of a redeemable warrant exercisable at $11.50
powered bylight_fuzz_icon
51174942

*this image is generated using AI for illustrative purposes only.

Haymaker Acquisition Corp V priced its initial public offering of 25 million units at $10.00 each, raising a total of $250 million. The company plans to list on the New York Stock Exchange under the ticker symbol "HYACU," with closing scheduled for September 18.

Deal Structure

Each unit comprises one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to certain adjustments.

Component Details
Units Offered 25 million
Price Per Unit $10.00
Total Proceeds $250 million
Listing Venue NYSE
Ticker Symbol HYACU
Closing Date September 18

The warrant structure implies that each full unit effectively provides exposure to one share and partial warrant rights, with the full warrant exercise price set above the IPO price.

What specific sectors or industries is Haymaker Acquisition Corp V targeting for its initial business combination?

How might the current volatility in the SPAC market impact the trading performance of HYACU units post-listing?

Who are the key sponsors or management team members behind Haymaker Acquisition Corp V, and what is their track record with previous SPACs?

like16
dislike
Must Read Next

Earnings

Shree Cement Q2 Results: board meeting scheduled for October 23 36 mins ago
no imag found
Steamhouse India expects steam business to maintain 23% profit margin 3 hrs ago

Stocks

Jain Irrigation wins ₹117.96 crore MSEDCL solar pump contract 24 mins ago
M & B Engineering gets EU certification for Sanand facility 24 mins ago