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MIIIU News
Archived Headlines
Blank check company M III Acquisition prices IPO at $10
M III Acquisition, a blank check company formed by turnaround veteran Mohsin Meghji, raised $150 million on Thursday by offering 15 million units at $10 per unit. The company listed on the Nasdaq under the symbol MIIIU and traded down 4% on its first day of trading. Cantor Fitzgerald acted as a lead manager on the deal....read more
Blank check for a turnaround veteran: M III Acquisition files and sets terms for $175 million IPO
M III Acquisition, a blank check company formed by turnaround veteran Mohsin Meghji, announced terms for its IPO on Tuesday. The New York, NY-based company plans to raise $175 million by offering 17.5 million units at a price of $10. At that price, M III Acquisition would command a market value of $224 million. Meghji helped restructure subprime lender Springleaf (now...read more