Mosaic Acquisition, a blank check company formed by Fortress and the Executive Chairman of Spectrum Brands, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering.
The New York, NY-based company plans to offer 30 million units at a price of $10, where it would command a market value of $375 million.
Mosaic Acquisition was founded in 2017 and plans to list on the NYSE under the symbol MOSC.U. Deutsche Bank, RBC Capital Markets and J.P. Morgan are the joint bookrunners on the deal.
