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MDH Acquisition Priced, NYSE: MDH

Blank check company formed by McLarty Diversified Holdings targeting businesses in the Heartland (liquidated).

Industry: SPAC

First Day Return: +1.8%

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background in transportation and logistics, telecommunications, financial services and professional services, and to capitalize on the ability of our management team to identify and acquire a business. Given the operational experience of our management team, we also intend to focus geographically by pursuing opportunities located in the Heartland, which we describe as the region bounded by the Rockies to the west, the eastern seaboard to the east, the Rust Belt to the north, and the Gulf of Mexico to the south. While we are not required to, we will seek to acquire a single business with an aggregate enterprise value of $600 million or greater. Our team is led by Franklin McLarty, our Executive Chairman; Jim Wilkinson, our Vice Chairman; Beau Blair, our CEO; and Brent Whittington, our CFO (the “Founders”). The management team have known each other, have been associated with the McLarty ecosystem of businesses and relationships or have worked together in various capacities for decades.
IPO Data
IPO Date 02/01/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $240
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Southlake, TX, United States
Founded 2020
Employees at IPO 4
Website www.mclartydiversified.com

MDH Acquisition (MDH) Performance

Created with Highcharts 10.3.2Chart context menuMDH vs. IPO Index (IPOUSA)Apr 2021Jul 2021Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 20250%-100%-50%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index