CRSAU News

Crescent Acquisition, a blank check company formed by Crescent Capital, raised $250 million by offering 25 million units at $10. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant; whole warrants are redeemable at $11.50 per share. Crescent Acquisition plans to list on the Nasdaq under the symbol CRSAU. Credit Suisse and BofA...read more

Crescent Acquisition, a blank check company formed by Crescent Capital, announced terms for its IPO on Friday. The Los Angeles, CA-based company plans to raise $250 million by offering 25 million units at a price of $10. At $10, Crescent Acquisition would command a market value of $313 million. Each unit consists of one share of common stock and one-half of one warrant to...read more