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G&P Acquisition Priced, NYSE: GAPA.U

Blank check company targeting the leisure, craft brewing and distilling, automotive, and distribution sectors (liquidated).

Industry: SPAC

First Day Return: -0.8%

Industry: SPAC

We are a new blank check company. While we may pursue an initial business combination target in any industry or sector, we intend to focus our search on investment opportunities in the leisure, craft brewing and distilling, automotive and distribution sectors. In addition, although we may pursue an acquisition in any industry, sector or geography, we intend to capitalize on the ability of our management team and our sponsor’s broader operating platform to identify, acquire and operate a business that may provide opportunities for attractive returns and long-term growth. We intend to identify and acquire a business that could benefit from an owner with extensive investment and operational expertise. We believe that even fundamentally sound companies with mature operational history can often underperform their long-term potential due to underinvestment, inadequate technology and/or systems, inefficient capital allocation, over-leveraged capital structures, excessive cost structures, incomplete management teams and/or inappropriate or narrowly focused business strategies. Our management team, sponsor and directors all have extensive experience in identifying and executing such full potential acquisitions across industries and business cycles.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/10/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $175
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Newport, RI, United States
Founded 2020
Employees at IPO 4
Website www.gapacq.com

G&P Acquisition (GAPA.U) Performance