GS Acquisition Holdings, a blank check company formed by Goldman Sachs' asset management division, filed on Friday with the SEC to raise up to $600 million in an initial public offering.
The New York, NY-based company plans to offer 60 million units at a price of $10. At that price, GS Acquisition would command a market value of $750 million. Each unit consists of one share of common stock and one-third of one warrant redeemable at $11.50.
The New York, NY-based company was founded in 2016 and plans to list on the NYSE under the symbol GSAU.RC. GS Acquisition Holdings filed confidentially on April 23, 2018. Goldman Sachs is the sole bookrunner on the deal.
