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Blank check company Terrapin 4 Acquisition withdraws $200 million IPO

February 25, 2019
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Terrapin 4 Acquisition, a blank check company formed by Terrapin Partners and led by Nathan Leight, withdrew its plans for an initial public offering on Monday. It had filed to raise $200 million by offering 20 million units at a price of $10.

The Coral Gables, FL-based company was founded in 2017 and had planned to list on the Nasdaq under the symbol TRTLU. Nomura Securities was set to be the sole bookrunner on the deal.