Dundon Capital Acquisition, a blank check company led by the former Santander Consumer CEO, withdrew its plans for an initial public offering on Monday. It originally filed in November 2015 with a proposed deal size of $400 million.
The Dallas, TX-based company was founded in 2015 and had planned to list on the Nasdaq under the symbol DCAU. UBS Investment Bank was set to be the sole bookrunner on the deal.
The article Blank check company Dundon Capital Acquisition withdraws $400 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
