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ESM Acquisition Priced, NYSE: ESM.U

Blank check company formed by The Energy & Minerals Group and former Xstrata CEO Mick Davis (liquidated).

Industry: SPAC

Latest Trade: $10.21 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +2.1%

Industry: SPAC

We are a blank check company. While we may pursue a target in any industry, section or geography, we intend to seek a target that is positioned to benefit from the global transition towards a low carbon economy, including but not limited to the shift away from fossil fuels, the light-weighting and electrification of vehicles and the reduction of carbon emissions from key industrial processes. In particular, we believe that our leadership team’s expertise and experience in the mining and natural resources sectors provides us with a competitive advantage in potentially finding an attractive target that explores for, mines, processes and/or refines commodities that are critical in order to achieve de-carbonization. Among other commodities, this may include cobalt, copper, graphite, lithium, manganese, nickel, palladium, platinum, rhodium, vanadium, rare earth elements, and/or other directly related raw materials. Together, Sir Mick Davis and EMG have a strong support team and an extensive network of relationships with management teams of public and private companies, private equity firms and venture capital sponsors, other public investors, investment bankers and lenders across multiple sectors, including but not limited to the mining and natural resources sectors.
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IPO Data
IPO File Date 02/22/2021
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 03/09/2021
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
Credit Suisse
Company Data
Headquarters Houston, TX, United States
Founded 2021
Employees 2

ESM Acquisition (ESM.U) Performance