Pershing Square Tontine Holdings (PSTH) Announces 200M Unit IPO at $20/Unit

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Pershing Square Tontine Holdings, Ltd. Announces $4,000,000,000 Initial Public Offering at $20.00 Per Share

July 22, 2020 8:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Pershing Square Tontine Holdings, Ltd. (the Company, PSTH or We), a Delaware incorporated newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company, today announced its initial public offering of 200,000,000 units at a price of $20.00 per unit.

PSTH is sponsored by Pershing Square TH Sponsor, LLC (the Sponsor), which is wholly owned by three investment funds: Pershing Square Holdings, Ltd., Pershing Square, L.P., and Pershing Square International, Ltd, (together the Pershing Square Funds), which are managed by Pershing... More