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CC Capital and Neuberger's third SPAC CC Neuberger Principal Holdings III prices $350 million IPO

CC Neuberger Principal Holdings III, the third blank check company formed by CC Capital and Neuberger Berman, raised $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company may raise up to an additional $200 million at the closing of an acquisition pursuant to a forward...read more

CC Capital and Neuberger's third SPAC CC Neuberger Principal Holdings III files for a $350 million IPO

CC Neuberger Principal Holdings III, the third blank check company formed by CC Capital and Neuberger Berman, filed on Thursday with the SEC to raise up to $350 million in an initial public offering. The New York, NY-based company plans to raise $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant,...read more

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