COLIU News

Colicity, a blank check company formed by Pendrell targeting TMT, raised $300 million by offering 30 million units at $10. The company offered 2.5 million more units than anticipated. Each unit will consist of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company is led by CEO and Chairman Craig McCaw, who currently...read more

Colicity, a blank check company formed by Pendrell targeting TMT, filed on Friday with the SEC to raise up to $275 million in an initial public offering. The Kirkland, WA-based company plans to raise $275 million by offering 27.5 million units at $10. Each unit will consist of one share of common stock and one-fifth of a warrant, exercisable at $11.50. At the proposed deal size...read more