B. Riley Principal Merger Corp. II filed for an initial public offering on Wednesday, with plans to offer 20 million shares priced at $10 each. The blank-check company will use the $200 million in proceeds to acquire a business. In its prospectus, the company said it has no specific business in mind, but will seek an established company with an aggregate enteprise value of about $400 million to $1.0 billion. B. Riley is sole underwriter on the deal. The company has applied to list on the New York Stock Exchange, under the ticker symbol "BMRG.U."
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Source: CNBC - 🏆 12. / 72 Read more »