Renaissance Capital logo

Blank check company Easterly Acquisition prices upsized $180 million IPO at $10

July 30, 2015

Easterly Acquisition, a blank check company formed by Easterly Capital to acquire a financial services business, raised $180 million by offering 18 million units at $10.00.

Earlier this year, Easterly Capital brought Easterly Government Properties (DEA) public, and the REIT now trades 5% above its offer price.

Easterly Acquisition plans to list on the Nasdaq under the symbol EACQU. Citi acted as a lead manager on the deal.