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Oyster Enterprises Acquisition Priced, Nasdaq: OSTRU

Blank check company led by executives from hedge fund Alden Global targeting media, tech, and other industries (liquidated).

Industry: SPAC

First Day Return: +1.7%

Industry: SPAC

We are a newly organized blank check company. Our sponsor is an affiliate of Alden Global, an investment advisory firm focused on opportunistic and catalyst-driven investing with a history of value creation in portfolio companies. Through our affiliation with our sponsor and Alden Global, we will seek to acquire a business that we believe would meaningfully benefit from our management team’s experience at maximizing stockholder value by improving operations. We intend to focus on private companies which we believe offer an opportunity for stockholder value creation. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that align with the background of our sponsor and Alden Global. These industries include the media, technology, consumer products, industrials, real estate, real estate services, financial services, hospitality and entertainment sectors, which we refer to as our targeted sectors. Oyster Enterprises Acquisition Corp. will be led by Heath Freeman, our CEO and Vice Chairman, Joshua Kleban, our CFO, and Michael J. Monticciolo, our Chief Legal Officer, COO and director. Randall Smith is the Chairman of our board of directors. Our senior management team will be supported by the Alden Global team, as well as our independent directors.
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IPO Data
IPO File Date 12/31/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/19/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 3
Website aldenglobal.com

Oyster Enterprises Acquisition (OSTRU) Performance