Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with whole warrants exercisable at $11.50. Upon separation, shares and warrants will trade separately on the NYSE as HYAC and HYACW. The offering is slated to close on September 18, pending customary conditions, with underwriters holding a 45-day option for an additional 3.75 million units to manage potential over-allotments.
Haymaker Acquisition Corp V Prices $250 Million IPO
Haymaker Acquisition Corp V is hitting the New York Stock Exchange with a $250 million initial public offering, pricing 25 million units at $10.00 each. Trading begins September 17 under the ticker HYACU, marking the latest move for the blank check company as it eyes potential industrial and consumer sector acquisitions.
Led by CEO and CFO Christopher Bradley, the company is structured as a special purpose acquisition vehicle seeking mergers or asset purchases across various industries. Cantor Fitzgerald & Co. and William Blair are serving as joint book-running managers, with Roth Capital Partners acting as co-manager for the launch.
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