Harmony Merger, a blank check company formed by Crescendo Partners' Eric Rosenfeld, raised $100 million by offering 10 million units at $10. At that price, it commands a market value of about $132 million. Harmony Merger has listed its units on the NASDAQ under the symbol HRMNU. Cantor Fitzgerald acted as a lead manager on the deal.
Its filing did not disclose any target businesses or industries, though CEO Eric Rosenfeld's experience has primarily focused on the construction, energy and technology sectors. He is currently the chairman of CPI Aerostructures (NYSEMKT: CVU) and a director of Cott Corporation (NYSE: COT) and Absolute Software.