Blank check company Quartet Merger Corp files and sets terms for $84 million IPO

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Quartet Merger Corp, a blank check company formed to acquire operating businesses, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $84 million by offering 8.4 million units at $10 per unit. At the midpoint of the proposed range, Quartet Merger Corp would command a market value of $110 million.  

Quartet Merger Corp, which was founded in 2013, plans to list on the NASDAQ under the symbol QTETU. Quartet Merger Corp initially filed confidentially on August 2, 2013. EarlyBird Capital, Inc. is the sole bookrunner on the deal.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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