Renaissance Capital logo

PNTM.U News

Industrial tech SPAC Pontem Corp. prices further upsized $600 million IPO

Pontem Corp., a blank check company targeting industrial technology businesses, raised $600 million by offering 60 million units at $10. The company offered 10 million more units than anticipated. The company originally planned to offer 37.5 million units before increasing the offering to 50 million units on Monday. Each unit consists of one share of common stock and one-third...read more

Industrial tech SPAC Pontem Corp. ups deal size by 33% ahead of $500 million IPO

Pontem Corp., a blank check company targeting industrial technology businesses, raised the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $500 million by offering 50 million units at $10. The company had previously filed to offer 37.5 million units at the same price. Each unit consists of one share of common stock and...read more

Industrial tech-focused SPAC Pontem Corp. files for a $375 million IPO

Pontem Corp., a blank check company targeting industrial technology businesses, filed on Monday with the SEC to raise up to $375 million in an initial public offering. The New York, NY-based company plans to raise $375 million by offering 37.5 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant, exercisable at $11.50. The...read more

Archived Headlines