IPO for SPAC Advanced Merger Partners, Inc. (AMPI) Opens at $10.10

March 2, 2021 11:40 AM EST

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Today's IPO for SPAC Advanced Merger Partners, Inc. (NYSE: AMPI) (NYSE: AMPI-U) opened for trading at $10.10 after pricing 25,000,000 units at $10.00 per unit.

Goldman Sachs & Co. LLC is acting as sole book running manager in the offering. Roberts & Ryan Investments, Inc. is acting as co-manager.

Advanced Merger Partners, Inc. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company is sponsored by an affiliate of Houlihan Lokey, Inc., a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation, and an affiliate of Saddle Point Management, L.P., a New York-based registered investment adviser. The Company has not selected any specific business combination target and may pursue an acquisition opportunity in any industry or sector for its initial business combination.



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