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BLVDU News

Blank check company Boulevard Acquisition II prices IPO at $10.00

Boulevard Acquisition II, the second blank check company formed by the co-founders of Avenue Capital Management, raised $350 million by offering 35 million shares at $10.00. It commands a market cap of $438 million.   Each unit consists of one share of Class A common stock and one-half of one warrant. Each whole warrant entitles the holder to purchase one share of...read more

Microcap IPOs on tap in coming weeks; several billion-dollar IPOs could follow

BOXL

The Fed's decision not to raise rates could pave the way for several billion-dollar IPOs. First Data (FDC), which could be the largest IPO of the year, Ferrari (FRRI.RC), Digicel (DCEL) and Albertsons (ABS) have all been said to be eyeing late September or October offerings after filing in August or earlier. Other highly anticipated...read more

Boulevard Acquisition prices upsized IPO at $10

Boulevard Acquisition, a blank check company formed by the co-founders of Avenue Capital Management, raised $210 million by offering 21.0 million units (upsized from 17.5 million) at $10.00. Boulevard Acquisition began trading on Thursday on the NASDAQ under the symbol BLVDU. Boulevard Acquisition initially filed confidentially on 12/5/2013. Citi acted as the sole bookrunner on the...read more

Blank check company Boulevard Acquisition increases shares offered, deal size is now $175 million

Boulevard Acquisition, a blank check company formed by the co-founders of Avenue Capital Management, raised the proposed deal size for its upcoming IPO on Wednesday. The New York, NY-based company now plans to raise $175 million by offering 17.5 million shares at a price of $10. The company had previously filed to offer 15 million shares. Boulevard will raise 17% greater proceeds...read more