AMCI Acquisition, a blank check company formed by coal industry veteran Hans Mende, announced terms for its IPO on Thursday.
The Greenwich, CT-based company plans to raise $200 million by offering 20 million units at $10. Each unit will consist of one share of common stock and one half of one warrant to purchase one share of common stock at $11.50. At $10, AMCI Acquisition would command a fully diluted market value of $250 million.
AMCI Acquisition was founded in 2018 and plans to list on the Nasdaq under the symbol AMCIU. Jefferies is the sole bookrunner on the deal.
