Industrial SPAC Juniper Industrial Holdings prices $300 million IPO at $10

Juniper Industrial Holdings, a blank check company led by past and present Honeywell executives targeting a North American industrial business, raised $300 million by offering 30 million units at $10 to command a market value of $375 million. Each unit consists of one share of common stock and one-half of one warrant exercisable at $11.50.

Juniper Industrial Holdings plans to list on the NYSE under the symbol JIH.U. UBS Investment Bank acted as a lead manager on the deal.

The article Industrial SPAC Juniper Industrial Holdings prices $300 million IPO at $10 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.

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