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Matlin & Partners Acquisition, a distressed asset SPAC, prices $300 million IPO at $10

March 9, 2017

Matlin & Partners Acquisition, a blank check company formed by distressed asset investor David Matlin, raised $300 million by offering 30 million shares at $10 per share. Matlin & Partners Acquisition plans to list on the Nasdaq under the symbol MPACU. Cantor Fitzgerald acted as a lead manager on the deal.