GP Investments Acquisition files for a $150 million IPO

GP Investments Acquisition, a blank check company formed by GP Investments and focused on the consumer sector, filed on Friday with the SEC to raise up to $150 million in an initial public offering.

The New York, NY-based company, which was formed in 2015, plans to list on the NASDAQ under the symbol GPIAU. GP Investments Acquisition initially filed confidentially on March 13, 2015. Citi is the sole bookrunner on the deal. No pricing terms were disclosed.