Credit: Shutterstock photoModern Media Acquisition, a blank check company backed by Macquarie to acquire a media company, raised $180 million by offering 18 million units at $10. The company had originally filed in March to offer 25 million units, before revising its terms down to 15 million units on May 5. Modern Media Acquisition plans to list on the Nasdaq under the symbol MMDMU. Macquarie Capital acted as a lead manager on the deal.
The article Lights, camera, IPO: SPAC Modern Media Acquisition prices $180 million IPO at $10 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
