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Acamar Partners Acquisition, Dufry Chairman's SPAC, files for a $300 million IPO


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Acamar Partners Acquisition, a blank check company led by the Executive Chairman of travel retailer Dufry, filed on Tuesday with the SEC for an initial public offering.

The Miami, FL-based company plans to raise $300 million by offering 30 million units at a price of $10. At that price, Acamar Partners Acquisition would command a market value of $375 million. Units consist of one share of common stock and one-third of one warrant; whole warrants are redeemable at $11.50 per share.

The company was founded in 2018 and plans to list on the Nasdaq under the symbol ACAMU. Acamar Partners Acquisition filed confidentially on November 26, 2018. Goldman Sachs and Deutsche Bank are the joint bookrunners on the deal.

The article Acamar Partners Acquisition, Dufry Chairman's SPAC, files for a $300 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

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




This article appears in: News Headlines , IPOs



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