Renaissance Capital logo

Pontem Corp. Priced, NYSE: PNTM.U

Blank check company targeting industrial technology businesses.

Industry: SPAC

Latest Trade: $10.48 +0.06 (+0.6%)

First Day Return: +3.2%

Return from IPO: +4.2%

Industry: SPAC

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We believe that we currently stand at an inflection point in the market, wherein selected industrial and technology companies are fundamentally changing the world at an unprecedented pace by applying next-generation technologies to numerous commercial and industrial markets. Companies that stand at the cross-roads of technology and industrials have the unique capability to unlock new markets and opportunities across the industrial value chain. This new wave of high growth, hybrid “industrial and technology” players are in a prime position to reshape the industrial landscape. We are primarily focused on two types of companies: (i) established high-quality businesses that have sustainable competitive advantages such as differentiated product or manufacturing technologies or unique brand attributes; and (ii) disruptive businesses with unique technologies and solid business models.
more less
IPO News for Pontem Corp.
more
IPO Data
IPO File Date 12/28/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 60.0
Deal Size ($mm) $600
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 60.0
Deal Size ($mm) $600
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters New York, NY
Founded 2020
Employees 2