GSC Acquisition, a newly-formed blank check company, filed the terms for its IPO. The New Jersey-based company was founded by GSC Group, which invests in alternative assets through control distressed debt, corporate credit and structured finance. The company plans to offer 21.9 million units at $8, which gives it a proposed market cap of $220 million. Citigroup is managing the deal. Timing has yet to be announced.
