OneIM Acquisition, a blank check company formed by executives of alternative asset manager OneIM, raised $250 million by offering 25 million units at $10.00. Each unit consists of one share of common stock and one-sixth of a warrant, exercisable at $11.50.
OneIM Acquisition is led by CEO and Director Yanni Pipilis, the co-founder and Managing Partner of alternative investment manager OneIM. He is joined by CFO and Director Greg Kapenis, the CFO of OneIM. The SPAC plans to target companies that have a defensible core business, are undergoing change in capital structure, strategy, operations, or growth, and offer a unique value proposition, among other characteristics.
OneIM Acquisition plans to list on the Nasdaq under the symbol OIMAU. Deutsche Bank acted as sole bookrunner on the deal.
