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Altimar Acquisition III Priced, NYSE: ATAQ.U

Third blank check company formed by HPS Investment Partners (liquidated).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company. Our sponsor, Altimar Sponsor III, LLC, is affiliated with HPS. HPS is a global investment firm with approximately $67 billion of assets under management as of December 1, 2020. Building on HPS’s experience in investing in high-quality businesses globally since 2007 and, more specifically, evaluating and negotiating SPAC business combinations with Desktop Metal and Blue Owl Capital, our strategy is to acquire a compelling asset with a world class management team that is poised for growth. Given the vast network of relationships of our management team and HPS principals, we expect to mine a deep set of proprietary opportunities. While we will look at a diverse variety of assets in terms of growth stages and capital structures, we intend to focus on two characteristics as a common theme: a strong organic growth plan coupled with a compelling business model that is materially cash generative at maturity. Our goal is to deliver public shareholders an opportunity to own a long-term, durable compounding equity investment that can produce strong returns.
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IPO Data
IPO File Date 01/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 13.5
Deal Size ($mm) $135
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/03/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $135
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 2
Website www.hpspartners.com/en/home

Altimar Acquisition III (ATAQ.U) Performance