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

Date:

SPAC pricing

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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