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Sierra Lake Acquisition Priced, Nasdaq: SIERU

Blank check company led by the former CEO of Stericycle and others with industrial, consumer, and finance experience (liquidated 12/8/2022).

Industry: SPAC

Latest Trade: $10.10 +0.15 (+1.5%)

First Day Return: -1.0%

Return from IPO: -0.5%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business that can capitalize on the operational expertise possessed by our management team across a diverse array of industries. We believe that extensive experience of our management team in both operations and deal-making will create material long-term value for our stockholders. We believe that our ability to support the management team of the target company through the operational experience of our management team will create significant value for our stockholders. We believe that our broad network of contacts across industries will result in a diverse array of potential business combination targets. In addition to outreach by our management team, we believe that potential targets will be brought to our attention due to the extensive public company executive experience of our management team.
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IPO Data
IPO File Date 02/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Chicago, IL, United States
Founded 2021
Employees at IPO 6

Sierra Lake Acquisition (SIERU) Performance