Ackrell SPAC Partners I Co - Units ( 1Subunit & 0.5 War)

:ACKIU  
10.35
0.00 (0.00%)
Debt Financing / Related, Exchange Changes, Equity Financing / Related

Blackstone Products To Go Public Through Combination With Ackrell SPAC

Published: 12/23/2021 12:53 GMT
Ackrell SPAC Partners I Co - Units ( 1Subunit & 0.5 War) (ACKIU) - Blackstone Products, the Market Leader in Outdoor Griddles, to Become a Publicly Traded Company Through a Business Combination With Ackrell Spac Partners.
Ackrell Spac Partners I Co - Transaction Implies a Combined Company Pro Forma Enterprise Value of $900 Million.
Ackrell Spac Partners I Co - Blackstone Products Expected to Be Listed on Nasdaq Under New Ticker Symbol "blks".
Ackrell Spac Partners I Co - Blackstone Products Expects to Receive Up to $281 Million in Estimated Gross Transaction Proceeds Assuming No Redemptions.
Ackrell Spac Partners I Co - Gross Proceeds Include Pipe of $31 Million of Common Stock and $111 Million of Convertible Notes Due 2027.
Ackrell Spac Partners I Co- Combined Company is Expected to Be Led by Roger Dahle, Founder and Chief Executive Officer of Blackstone.