Paul Ryan-backed blank-cheque company files for US$300m IPO | Malay Mail

Then-US Speaker of the House Paul Ryan speaks at the White House in Washington December 20, 2018. — Reuters pic

Executive Network Partnering Corp said in a regulatory filing it is aiming to sell 12 million CAPS, or"capital which aligns and partners with a sponsor," on the New York Stock Exchange at a maximum price of US$25 per CAPS. Ryan will be appointed chairman of the company's board, ENPC said. ENPC's CAPS will be listed on the New York Stock Exchange after the IPO.

A number of big-name financiers and investors such as Bill Ackman, Michael Klein and Chamath Palihapitiya have raised billions of dollars for these shell firms through IPOs, with the aim of then combining with real companies in the next couple of years.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Walk from home: HK tour company moves online to survive pandemic | Malay MailHONG KONG, Aug 24 — A Hong Kong tourism company has moved its walking tours online to reach a travel-starved audience unable to explore new places due to coronavirus restrictions. The company, Walk in Hong Kong, runs free online tours in Cantonese focussed on local history and culture, with help...
La source: malaymail - 🏆 1. / 86 Lire la suite »