D8 Holdings, a blank check company targeting a global consumer brand, raised $300 million by offering 30 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share and one-half of a warrant, exercisable at $11.50. At pricing, the company commands a market cap of $363 million.
The company is led by CEO David Chu, the founder of Nautica, and President Donald Tang, a former D.E. Shaw executive.
D8 Holdings plans to list on the NYSE under the symbol DEH.U. UBS Investment Bank acted as a lead manager on the deal.
