FirstMark Horizon Acquisition Corp - Ordinary Shares - Class A

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Starry Inc To Go Public In Business Combination With Firstmark Horizon Acquisition Corp

Published: 10/07/2021 11:49 GMT
FirstMark Horizon Acquisition Corp - Ordinary Shares - Class A (FMAC) - Starry, Inc. to Go Public in Business Combination With Firstmark Horizon Acquisition Corp.
to Bring Its Transformative Broadband Service to Millions of Households.
Firstmark Horizon Acquisition Corp - Transaction Implies a Pro Forma Enterprise Value of $1.66 Billion.
Firstmark Horizon Acquisition Corp - Upon Completion Combined Co Will Continue to Operate As Starry.
Firstmark Horizon Acquisition Corp - Upon Completion Combined Co Will Be Listed on a National Exchange Under Ticker Symbol "stry.
".
Firstmark Horizon Acquisition Corp - Upon Closing, Starry Will Continue to Be Led by Kanojia As Ceo, Along With His Experienced Management Team.
Firstmark Horizon Acquisition Corp - Transaction Includes Significant Sponsor and Shareholder Alignment, With 75% of Sponsor-held Shares.
Firstmark Horizon Acquisition - Deal Expected to Be Supported by $130 Million Fully Committed Pipe & Contemporaneous Equity Investment at $10.00 per Share.
Firstmark Horizon Acquisition Corp - Transaction is Expected to Be Funded Through a Combination of Firstmark's $414 Million of Cash in Trust.
Firstmark Horizon Acquisition Corp - Pipe Anchored by Existing Starry Investors Including Arrowmark Partners, Atreides Management.
Firstmark Horizon Acquisition Corp - Pipe Anchored by Existing Starry Investors Including Fidelity Management & Tiger Global Management.