LPCXU News

Lamar Partnering Corp, a communications-focused blank check company formed by Lamar Advertising, withdrew its plans for an initial public offering on Tuesday. It had filed in April 2021 to raise $300 million by offering 30 million units at $10, with each unit consisting of one share of common stock and one-fourth of a warrant.  Additionally, the company had a $100 million...read more

Lamar Partnering Corp, a communications-focused blank check company formed by Lamar Advertising, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering. The Baton Rouge, LA-based company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11...read more