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Private equity firm's SPAC Silver Crest Acquisition prices upsized $300 million IPO

SLCRU

Silver Crest Acquisition, a blank check company formed by Ascendent Capital Partners targeting the consumer sector, raised $300 million by offering 30 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by...read more

Private equity firm's consumer SPAC Silver Crest Acquisition files for a $250 million IPO

SLCRU

Silver Crest Acquisition, a blank check company formed by Ascendent Capital Partners targeting the consumer sector, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering. The Hong Kong-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more

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