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Ermenegildo Zegna (Investindustrial Acquisition) Priced, NYSE: ZGN

Blank check company targeting the consumer, healthcare, industrial, and tech sectors (completed 12/17/2021).

Industry: SPAC

First Day Return: +0.1%

Industry: SPAC

We are a newly incorporated blank check company. Our efforts to identify a potential initial business combination target will not be limited to a specific industry, sector or geographic region. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business or businesses that can benefit from our management team’s established global relationships and operating experience. Our management team has extensive experience in identifying and executing strategic investments predominantly focused on European medium-sized companies and has done so successfully in a number of sectors, including Industrial Manufacturing, Healthcare & Services, Consumer and Technology. Given our affiliation with Investindustrial, we intend to capitalize on its global platform and industrial expertise which, together with the extensive experience of our management team, will allow our company to be the partner of choice for quality companies seeking public sponsorship. We intend to seek to acquire companies with enterprise values in the range of $1-5 billion, which could leverage off a public currency to drive accretive acquisitions, fund growth or de-lever.
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IPO Data
IPO File Date 10/13/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 35.0
Deal Size ($mm) $350
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/18/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $350
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters London, United Kingdom
Founded 2020
Employees at IPO 2
Website www.investindustrial.com

Ermenegildo Zegna (Investindustrial Acquisition) (ZGN) Performance