Sapphire Industrials, a newly formed blank check company, filed for an IPO Thursday with the SEC. The company plans to offer 50 million units at a price of $10 per unit. Citi is the sole book runner on the deal.

Sapphire Industrials, a newly formed blank check company, filed for an IPO Thursday with the SEC. The company plans to offer 50 million units at a price of $10 per unit. Citi is the sole book runner on the deal.