The new company aims to combine with a business in the media, education technology (“ed-tech”), and other related industries. D and Z Media is led by Chairman, President, and CEO Betty Liu, and CFO Mark Wiltamuth.
Total SPAC deal count for 2021 year-to-date is now 73 with $20.7 billion in gross proceeds raised. This offering is expected to close on Thursday, January 28.
Goldman Sachs & Co. LLC is acting as book running manager and Loop Capital Markets LLC is acting as co-manager. Greenberg Traurig, P.A. is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.