GNPK.U News

Genesis Park Acquisition, a blank check company formed by Genesis Park targeting the aviation and aerospace industries, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.Genesis Park, certain directors, and new investors indicated on $40 million of the IPO. The company is led...read more

The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and a few SPACs scheduled to raise at least $900 million. Russian e-commerce company Ozon Holdings (OZON) plans to raise $750 million at a $4.4 billion market cap. Backed by private equity firm Baring Vostok and Russian conglomerate Sistema, Ozon is a direct play on the...read more

Genesis Park Acquisition, a blank check company formed by Genesis Park targeting the aviation and aerospace industries, lowered the proposed deal size for its upcoming IPO on Tuesday. The Houston, TX-based company now plans to raise $150 million by offering 15 million units at a price of $10. The company had previously filed to offer 20 million units at the same price. Each...read more

Genesis Park Acquisition, a blank check company formed by Genesis Park targeting the aviation industry, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The Houston, TX-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11...read more