Mitch Nussbaum, co-chair of Loeb & Loeb’s Capital Markets & Corporate practice, and partner David Levine are highlighted in a Law360 article for advising the underwriters in connection with the forthcoming $200 million IPO of Vistas Acquisition Company II, a blank-check company targeting consumer technology, media and entertainment, which filed with the U.S. SEC on July 14.
According to the publication, the company plans to offer 20 million securities units at $10 each. Each unit will consist of one share of common stock and one-half of a warrant which will be exercisable at $11.50. Vistas Acquisition Company II says it will command a market cap of $255 million through the proposed deal size. The shares are expected to be listed on the NASDAQ under the symbol “VACXU.”
Click here to read the full article on Law360 (subscription required).