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Coles and Ledecky's SPAC Northern Star Investment III prices upsized $350 million IPO

Northern Star Investment III, the third blank check company formed by Joanna Coles and SPAC veteran Jonathan Ledecky, raised $350 million by offering 35 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share of common stock and one-sixth of a warrant, exercisable at $11.50. The company is led by ...read more

Coles and Ledecky's third SPAC Northern Star Investment III files for a $300 million IPO

Northern Star Investment III, the third blank check company formed by Joanna Coles and SPAC veteran Jonathan Ledecky, filed on Thursday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-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-sixth of a warrant,...read more

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