Centricus Acquisition, a UK-based blank check company led by former executives at Silversea Cruises and Deutsche Bank, 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 of common stock and one-fourth of a warrant, exercisable at $11.50.
The company is led by Chairman Manfredi Lefebvre d'Ovidio, a Monaco-based billionaire serving as Chairman of conglomerate Heritage Group, and who previously was the Executive Chairman of Silversea Cruises for nearly 20 years. CEO and Director Garth Ritchie leads the capital markets and advisory business of investment firm Centricus, and previously worked at Deutsche Bank from 1996 to 2020, most recently has Head of the company's Corporate & Investment Bank division.
Centricus Acquisition plans to list on the Nasdaq under the symbol CENHU. Deutsche Bank acted as a lead manager on the deal.
