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

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Pershing Square Tontine Holdings (PSTH) IPO Opens at $21 After Pricing at $20

July 22, 2020 10:09 AM EDT

Today's IPO for Bill Ackman's SPAC Pershing Square Tontine Holdings (NYSE: PSTH) opened for trading at $21 after pricing 200 million units at $20 per unit. The SPAC plans to target "Mature Unicorns," with rumors suggesting companies like Airbnb could be a target.

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