Renaissance Capital logo

Simon Property Group Acquisition Priced, NYSE: SPGS.U

Blank check company formed by Simon Property Group (liquidated).

Industry: SPAC

First Day Return: +9.6%

Industry: SPAC

We are a new blank-check company, incorporated as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or companies, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Our company is distinguished from conventional blank-check companies, and we believe our structure aligns the interests of our sponsor, directors and officers with stockholders and potential business combination targets. Our strategy is to identify and target a company or assets with significant growth potential and prospects to create value in the public markets. We expect that companies or assets we choose to target for our initial business combination will operate in an industry that will benefit from the experience, expertise and operating skills of our management team and SPG.
more less
IPO Data
IPO File Date 01/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/18/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Indianapolis, IN, United States
Founded 2020
Employees at IPO 2
Website www.simon.com

Simon Property Group Acquisition (SPGS.U) Performance