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VMG Consumer Acquisition Corp. announced that from January 3, 2022, holders of the units from their initial public offering can separately trade the Class A common stock and warrants. The shares will trade under the ticker symbols VMGA for Class A common stock and VMGAW for warrants on NASDAQ, while units that are not separated will trade under the symbol VMGAU. The units were initially offered in an underwritten offering led by Credit Suisse Securities and Moelis & Company, with a registration statement effective since November 10, 2021.
VMG Consumer Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, raising $200 million through the sale of 20 million units. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, with the expected Nasdaq trading symbols being VMGAU for units, VMGA for common shares, and VMGAW for warrants. The transaction is underwritten by Credit Suisse and Moelis & Company, and the offering is expected to close on November 15, 2021, subject to customary conditions.
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