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Legato Merger Corp. (LEGOU) Prices Upsized $205M IPO

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Legato Merger Corp. announced the pricing of its $205 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “LEGOU” Wednesday, January 20.

The new company aims to combine with a business in the renewables, infrastructure, construction or engineering sectors. Legato is led by CEO David D. Sgro, Chief SPAC Officer Eric S. Rosenfeld, Non-Executive Chairman Brian Pratt, and SFO and Secretary Adam Jaffe.

Total SPAC deal count for 2021 year-to-date is now 59 with $16.3 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.


EarlyBirdCapital, Inc. is acting as the sole book running manager for the offering. I-Bankers Securities, Inc. is acting as co-manager. Graubard Miller is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

Source: https://spacinsider.com/2021/01/19/legato-merger-corporation-prices-upsized-205m-ipo/

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TZP Strategies Acquisition Corp. (TZPSU) Prices $250M IPO

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TZP Strategies Acquisition Corp. announced the pricing of its $250 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “TZPSU” Wednesday, January 20.

The new company aims to combine with a technology, consumer or business services target that would benefit from its sponsor’s hands-on approach and established value playbooks. TZP Strategies is led by CEO Samuel Katz, CFO Sheera Michael and President Kenneth Esterow.

Total SPAC deal count for 2021 year-to-date is now 58 with $16.1 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.


Credit Suisse Securities (USA) LLC acted as book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Source: https://spacinsider.com/2021/01/19/tzp-strategies-acquisition-corp-prices-250m-ipo/

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Queen’s Gambit Growth Capital (GMBT.U) Prices Upsized $300M IPO

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Queen’s Gambit Growth Capital announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “GMBT.U” Wednesday, January 20.

The new company aims to combine with a sustainability-focused business that has a unique and disruptive platform with differentiated technology. Queen’s Gambit is led by CEO Victoria Grace and CFO Anastasia Nyrkovskaya.

Total SPAC deal count for 2021 year-to-date is now 57 with $15.9 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.


Barclays is acting as sole book-running manager and representative for the underwriters for the offering. R. Seelaus & Co., LLC and Siebert Williams Shank & Co., LLC are acting as co-managers for the offering. Vinson & Elkins LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

Source: https://spacinsider.com/2021/01/19/queens-gambit-growth-capital-prices-upsized-300m-ipo/

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Oyster Enterprises Acquisition Corp. (OSTRU) Prices $200M IPO

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Oyster Enterprises Acquisition Corp. announced the pricing of its $200 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “OSTRU” Wednesday, January 20.

The new company aims to combine with a business in a fragmented industry capable as serving as an M&A platform that has a defensible market position. Oyster is led by CEO and Vice Chairman Heath B. Freeman, CFO Joshua P. Kleban, Chairman Randall D. Smith alongside Chief Legal Officer, COO and Secretary Michael J. Monticciolo.

Total SPAC deal count for 2021 year-to-date is now 56 with $15.6 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.


Imperial Capital and I-Bankers Securities. Inc. are acting as joint book-running managers for this offering. Sidney Austin LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Source: https://spacinsider.com/2021/01/19/oyster-enterprises-acquisition-corp-prices-200m-ipo/

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