IPOs

Latin America-focused SPAC Replay Acquisition prices $250 million IPO at $10

Replay Acquisition, a blank check company formed to acquire a business in Argentina or Brazil, raised $250 million by offering 25 million units at $10. Each unit consists of one ordinary share and one-half of one warrant; whole warrants are exercisable at $11.50. Replay Acquisition plans to list on the NYSE under the symbol RPLA.U. Credit Suisse and BofA Merrill Lynch acted as lead managers on the deal.

The article Latin America-focused SPAC Replay Acquisition prices $250 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.

Latest IPOs Videos