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Critical Metals (Sizzle Acquisition) Priced, Nasdaq: CRML

Blank check company formed by Salis Holdings targeting restaurant, hospitality, and other businesses (completed 2/27/2024).

Industry: SPAC

First Day Return: +0.6%

We are a newly-organized Delaware blank check company. While we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we intend to focus on the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology and real estate industries such as “proptech”, including sectors that service or are connected to these industries in the United States and other developed countries. We intend to focus our initial business combination efforts on targets that (i) have strong brand and business fundamentals; (ii) may have been adversely affected by COVID-related shutdowns, but have a definable path forward; (iii) will benefit from our leadership team’s expertise in creating, building, marketing, distributing, leading and monetizing brands and products; (iv) will likely benefit from enhanced data gathering to support cross-channel distribution; and (v) can serve as a platform company to make future bolt-on acquisitions. Our leadership team is comprised of Steve Salis, Jamie Karson, Daniel Lee and Grace Park. The core of our team has worked together for the past three years at Salis Holdings, LLC (“SH”). SH was formed by Steve Salis in 2015 as a privately-held multi-brand, multi-platform holding company based in Washington, D.C.
IPO Data
IPO Date 11/03/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $135
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Washington, DC, United States
Founded 2020
Employees at IPO 4
Website salisholdings.com

Critical Metals (Sizzle Acquisition) (CRML) Performance

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