Acamar Partners Acquisition, a blank check company led by the Executive Chairman of travel retailer Dufry, filed on Tuesday with the SEC for an initial public offering.
The Miami, FL-based company plans to raise $300 million by offering 30 million units at a price of $10. At that price, Acamar Partners Acquisition would command a market value of $375 million. Units consist of one share of common stock and one-third of one warrant; whole warrants are redeemable at $11.50 per share.
The company was founded in 2018 and plans to list on the Nasdaq under the symbol ACAMU. Acamar Partners Acquisition filed confidentially on November 26, 2018. Goldman Sachs and Deutsche Bank are the joint bookrunners on the deal.
