Renaissance Capital logo

Gaming & Hospitality Acquisition Priced, Nasdaq: GHACU

Blank check company formed by Affinity Gaming targeting the gaming and hospitality sectors.

Industry: SPAC

Latest Trade: $9.99 -0.01 (-0.1%)

First Day Return: +3.5%

Return from IPO: 0.0%

Industry: SPAC

We are a newly organized blank check company. We currently plan to merge with Affinity Gaming, a diversified casino gaming company headquartered in Las Vegas, Nevada and an indirect wholly owned subsidiary of our sponsor, concurrent with the completion of our initial business combination. We will not, however, complete an initial business combination with only Affinity Gaming. While we may pursue an acquisition opportunity in any industry or sector, we intend to focus on the gaming and hospitality sectors, which complements our management team’s sector and operating expertise. Target businesses that we are focused on in this sector include, but are not limited to, regional gaming, distributed gaming, online gaming / sports betting and gaming technology and equipment. In particular, we believe there is a robust addressable market in regional and distributed gaming. Regional gaming is a logical market given the potential synergies with the Affinity Gaming platform. Distributed gaming is characterized by the operation of slot machines in non-casino locations such as restaurants, bars, grocery stores and convenience stores.
more less
IPO News for Gaming & Hospitality Acquisition
more
IPO Data
IPO File Date 01/15/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters Las Vegas, NV
Founded 2020
Employees 3
Website www.affinitygaming.com