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biote Corp. (Haymaker Acquisition III) Priced, Nasdaq: BTMD

Third consumer-focused blank check company led by the former CEO of Starwood Hotels (completed 5/26/2022).

Industry: SPAC

Latest Trade: $5.79 -0.28 (-4.5%)

First Day Return: 0.0%

Return from IPO: -39.4%

Industry: SPAC

We are a newly organized blank check company. We intend to acquire and operate a business in the consumer and consumer-related products and services industries and believe our management team is well suited to identify opportunities that have the potential to generate attractive risk-adjusted returns for our stockholders. Our management team is led by Steven J. Heyer, our Chief Executive Officer and Executive Chairman, Andrew R. Heyer, our President and Steven Heyer’s brother, Christopher Bradley, our Chief Financial Officer, and Joseph M. Tonnos, our Senior Vice President. Messrs. Heyer’s and Heyer’s careers have centered on identifying and implementing value creation initiatives within the consumer and consumer-related products and services industries. They have combined 70+ year careers in the consumer and consumer-related products and services industries by relying on what we believe to be tried-and-true management strategies: cost management and productivity enhancement, and reinvesting the savings behind product innovation, marketing, channel development, and brand building. Mr. Bradley and Mr. Tonnos bring extensive mergers and acquisitions, public equities, structuring and strategy consulting experience to our efforts.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/01/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Cantor Fitzgerald
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 4

biote Corp. (Haymaker Acquisition III) (BTMD) Performance