Northern Star Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)

:STIC.U   2:38:57 PM EDT
10.71
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Debt Financing / Related, Exchange Changes, Other Pre-Announcement

Bark, A Leading Brand For Dogs, To List On NYSE Through Merger With Northern Star Acquisition Corp

Published: 12/17/2020 11:51 GMT
(STIC.U) - Bark, a Leading Brand for Dogs, to List on Nyse Through Merger With Northern Star Acquisition Corp.
Northern Star Acquisition Corp - Transaction Values Bark at an Enterprise Value of Approximately $1.6 Billion.
Northern Star Acquisition Corp - Transaction Expected to Provide Up to $454 Million of Gross Cash Proceeds.
Northern Star Acquisition Corp - Institutional Investors Supporting Transaction With an Upsized $200 Million Fully-committed Pipe.
Northern Star Acquisition Corp - Bark Will Become a Publicly Listed Company on Nyse Under New Symbol "bark".
Northern Star Acquisition Corp - Bark Projects Revenue of About $365 Million and Gross Profit of About $221 Million for FY Ending March 31, 2021.
Northern Star Acquisition Corp - Existing Bark Shareholders and Management Will Retain 100% of Their Equity in Combined Company.
Northern Star Acquisition Corp - Co's Units Will Be Able to Be Separated Voluntarily by Holders Commencing on Or About Dec 18, 2020.
Northern Star Acquisition Corp - Founder Matt Meeker Will Continue to Serve As Executive Chairman of Bark.
Northern Star Acquisition Corp - Bark CEO Manish Joneja Will Serve As CEO of Combined Co.
Northern Star Acquisition - Co's Chairwoman & CEO Joanna Coles, & President & Chief Operating Officer Jonathan Ledecky Will Join Combined Co's Board.