Trinity Merger Corp., a blank check company formed by Trinity Investments to acquire a real estate business, filed for its IPO on Wednesday.
The Honolulu, HI-based company plans to raise $300 million by offering 30 million shares at a price of $10. At that price, Trinity Merger would command a market value of $375 million.
Trinity Merger Corp. was founded in 2018 and plans to list on the Nasdaq under the symbol TMCXU. B. Riley & Co. is the sole bookrunner on the deal. Timing on pricing was not disclosed.
