2021-01-27 10:58:21 FSSI Fortistar Sustainable Solutions
01/27/21 01/2710:58 01/27/2110:58 | Fortistar Sustainable Solutions opens at $10.36, IPO priced at $10 per unitFortistar Sustainable Solutions, a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, priced its initial public offering of 22.5M units at a price of $10.00 per unit and opened for trading at $10.36 per unit. The units will be listed on the NASDAQ Capital Market and trade under the ticker symbol "FSSIU." Each unit consists of one share of the company's Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of the company's Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and redeemable warrants are expected to be listed on the NASDAQ Capital Market under the symbols "FSSI" and "FSSIW," respectively. Credit Suisse and BofA Securities are serving as the underwriters for the offering. |
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