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Music Acquisition Priced, NYSE: TMAC.U

Blank check company targeting the music sector (liquidated).

Industry: SPAC

Latest Trade: $10.06 0.00 (0.0%)

First Day Return: +5.3%

Return from IPO: +0.6%

Industry: SPAC

We are a blank check company newly incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. While we may pursue an initial business combination target in any industry or geographic region, we intend to concentrate our efforts on identifying businesses that are either directly or indirectly connected with the music sector, with particular emphasis on businesses where our significant strategic and operational expertise and long-standing position within the music industry will be a value-additive proposition to potential target businesses. The rapid growth in the music sector driven by rapid consumer adoption of new forms of consumption, including subscription-based streaming, has given rise to enhanced monetization of music content and new business models driven by technological innovation, social interaction, and consumer connectivity.
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IPO Data
IPO File Date 01/15/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
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 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Cantor Fitzgerald
Company Data
Headquarters Hollywood, CA, United States
Founded 2020
Employees 2

Music Acquisition (TMAC.U) Performance