ACP Holdings Acquisition, a blank check company backed by Atlas Credit Partners, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
ACP Holdings Acquisition is led by CEO and Chairman Andrew Mallozzi, the founder, CEO, and CIO of credit-focused asset manager Atlas Credit Partners. He is joined by CFO, President, and Director Andrew Sung, the Director of Research at Atlas. While it has not selected a target industry or geography, the SPAC plans to focus on businesses with an aggregate enterprise value of $750 million or more that have experienced management teams and strong market positions, among other characteristics.
The Houston, TX-based company was founded in 2026 and plans to list on the Nasdaq under the symbol ACGCU. Roth Capital is the sole bookrunner on the deal.
