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Royalty Management (American Acquisition Opportunity) Priced, Nasdaq: RMCO

Blank check company formed by the founders of Land Betterment Corp targeting land and resource holding companies (completed 11/1/2023).

Industry: SPAC

First Day Return: -0.2%

Industry: SPAC

We are a newly-organized blank check company. While we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we intend to focus on opportunities with land and resource holdings companies, with the potential to create, support, and/or innovate for the new economy. Our ultimate target may include companies controlling or owning the natural resources used in supporting and creating a resilient and critical domestic supply chain, including transportation, green infrastructure and sustainable logistics. Acquisition targets will be vetted not only on the growth potential, but also on the ability to generate stable long-lasting revenue and cash flow in the forms of royalties, lease payments and rent streams. Our management team is led by Mark C. Jensen, our Chairman and Chief Executive Officer and Kirk P. Taylor, CPA, our President and Chief Financial Officer. We believe our management team is well positioned to take advantage of the growing set of acquisition opportunities focused on infrastructure and resources and that our contacts and relationships, ranging from owners and management teams of private and public companies, private equity funds, investment bankers, attorneys, to accountants and business brokers will allow us to generate an attractive transaction for our stockholders.
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IPO Data
IPO File Date 02/05/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/17/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $100
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Fishers, IN, United States
Founded 2021
Employees at IPO 2
Website www.americanopportunityinc.com

Royalty Management (American Acquisition Opportunity) (RMCO) Performance