Consumer SPAC Coliseum Acquisition prices $150 million IPO

Coliseum Acquisition, a blank check company targeting consumer product, service, and media companies, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.

The company is led by Co-CEOs and Directors Jason Stein and Daniel Haimovic, co-founders and General Partners of private equity and strategic advisory firm SC Holdings. Coliseum Acquisition plans to capitalize on the expertise of its management team and advisors to target consumer product, service, and media companies at the intersection of sports, entertainment, digital media, and/or technology.

Coliseum Acquisition plans to list on the Nasdaq under the symbol MITAU. Stifel acted as sole bookrunner on the deal.