Coliseum Acquisition Corp. Announces Closing of $150 Million Initial Public Offering
Coliseum Acquisition Corp. has successfully closed its initial public offering (IPO), issuing 15,000,000 units at $10.00 each. Trading commenced on Nasdaq under the ticker symbol MITAU on June 23, 2021. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with whole warrants allowing purchase of shares at $11.50. The Class A shares and redeemable warrants will trade separately under symbols MITA and MITAW. Stifel, Nicolaus & Company served as the sole book-running manager for the offering.
- Successful IPO with 15,000,000 units sold at $10.00 each.
- Trading began on Nasdaq, providing liquidity and visibility for investors.
- None.
Coliseum Acquisition Corp. (the “Company”), a special purpose acquisition company, today announced the closing of its initial public offering of 15,000,000 units at a price of
Each unit issued in the offering consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of
Stifel, Nicolaus & Company, Incorporated was the sole book-running manager for the offering.
A registration statement relating to the securities became effective on June 22, 2021. The offering was made only by means of a prospectus, which forms a part of the registration statement. Copies of the prospectus may be obtained for free by visiting EDGAR on the Securities and Exchange Commission’s (the “SEC”) website at www.sec.gov. Alternatively, copies may be obtained, when available, from Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, Maryland 21202, email: syndprospectus@stifel.com, or by telephone: (855) 300-7136.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Coliseum Acquisition Corp.
Coliseum Acquisition Corp. is a newly organized blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any industry or geographic region, it intends to focus on consumer product, service and media companies at the intersection of sports, entertainment, digital media and/or technology.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and search for a business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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