Blank check company Harmony Merger files and sets terms for a $100 million IPO

Harmony Merger, a blank check company with no target industry formed by Crescendo Partners' Eric Rosenfeld, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The recently formed New York, NY-based SPAC plans to raise $100 million by offering 10 million shares at $10 per unit. At that price, the company would command a fully diluted market value of $129 million.

The initial filing did not disclose any target businesses or industries, though CEO Eric Rosenfeld's experience has primarily focused on the construction, energy and technology sectors. He is currently the chairman of CPI Aerostructures and a director of Cott Corporation and Absolute Software.

Harmony Merger plans to list its units on the NASDAQ. Cantor Fitzgerald is the sole bookrunner on the deal. The company has not selected a ticker nor set a pricing date.