The GAMCO IPO: PMV Acquisition files and sets terms for $100 million IPO

PMV Acquisition, a blank check company formed by GAMCO to acquire a media company, announced terms for its IPO on Friday.

The Rye, NY-based company plans to raise $100 million by offering 10 million units at a price of $10. At the price, PMV Acquisition would command a fully diluted market value of $125 million.

The company is led by Christopher Marangi, Co-Chief Investment Officer of GAMCO Investors (NYSE: GBL).

PMV Acquisition plans to list on the Nasdaq under the symbol PMVU. Cantor Fitzgerald is the sole bookrunner on the deal. The expected pricing date has not been disclosed.