Steven and Andrew Heyer's SPAC Haymaker Acquisition 4 prices $200 million IPO

Haymaker Acquisition 4, the fourth blank check company led by Steven and Andrew Heyer targeting consumer businesses, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.

The New York, NY-based company is led by CEO and Chairman Andrew Heyer, the founder and CEO of consumer-focused private equity fund manager Mistral Equity Partners, and his brother, President and Director Steven Heyer, who previously served as CEO of Starwood Hotels & Resorts Worldwide and COO of The Coca-Cola Company. The company plans to target a business in the consumer and consumer-related products and services industries.

Management's previous SPACs include Haymaker Acquisition III, which merged with hormone optimization center Biote (BTMD) in 2022; Haymaker Acquisition II, which combined with ARKO Holdings (ARKO) in 2020; and Haymaker Acquisition, which combined with OneSpaWorld Holdings (OSW) in 2019.

Haymaker Acquisition 4 plans to list on the NYSE under the symbol HYAC.U. Cantor Fitzgerald and William Blair acted as joint bookrunners on the deal.