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Blank check company Conyers Park Acquisition files and sets terms for $350 million IPO

June 20, 2016
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Conyers Park Acquisition, a blank check company led by the former CEO of Gillette, announced terms for its IPO on Monday.

The Greenwich, CT-based company plans to raise $350 million by offering 35 million shares at a price of $10. At that price, Conyers Park Acquisition would command a market value of $438 million.

Conyers Park Acquisition was founded in 2016. It plans to list on the Nasdaq under the symbol CPAAU. Deutsche Bank and Goldman Sachs are the joint bookrunners on the deal. IPO timing was not disclosed.