AVAN.U News

Avanti Acquisition, a blank check company formed by NNS Group and Sienna Capital targeting a European business, raised $600 million by offering 60 million units at $10. The company offered 10 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company may raise an additional $100 million...read more

Avanti Acquisition, a blank check company formed by NNS Group and Sienna Capital targeting a European business, filed on Wednesday with the SEC to raise up to $500 million in an initial public offering. The Cayman Islands-based company plans to raise $500 million by offering 50 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more