Bull Horn Holdings Corp. Announces Pricing of $75,000,000 Initial Public Offering
30 Oktober 2020 - 2:32AM
Business Wire
Bull Horn Holdings Corp. (the “Company”) announced today that it
priced its initial public offering of 7,500,000 units, at $10.00
per unit. The units will be listed on the Nasdaq Capital Market
(“Nasdaq”) and will begin trading on October 30, 2020, under the
ticker symbol “BHSEU”. Each unit consists of one share of the
Company’s ordinary shares and one redeemable warrant, each warrant
entitling the holder thereof to purchase one half of one ordinary
share of the Company at a price of $11.50 per whole share. Warrants
are exercisable only for a whole number of ordinary shares. Once
the securities comprising the units begin separate trading, the
ordinary shares and warrants are expected to be listed on Nasdaq
under the symbols “BHSE” and “BHSEW,” respectively.
The offering is expected to close on November 3, 2020, subject
to customary closing conditions.
The Company is a blank check company formed for the purpose of
effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. While the Company may pursue an initial
business combination target in any business or industry, it intends
to focus its search on leading sports, entertainment and brand
companies that have potential for brand and commercial growth. The
Company is led by Chief Executive Officer, Robert Striar, and Chief
Financial Officer, Christopher Calise. In addition to Messers
Striar and Calise, the Board of Directors includes Stephen Master,
Michael Gandler, Jeff Wattenberg, Doug Schaer and Baron Davis.
Imperial Capital, LLC and I-Bankers Securities, Inc. are acting
as joint book-running managers and Northland Securities, Inc. is
serving as co-manager of the offering. The Company has granted the
underwriters a 45-day option to purchase up to an additional
1,125,000 units at the initial public offering price to cover
over-allotments, if any.
The offering is being made only by means of a prospectus. Copies
of the preliminary prospectus relating to the offering and final
prospectus, when available, may be obtained from Imperial Capital,
LLC at 10100 Santa Monica Blvd., Suite 2400, Los Angeles, CA 90067,
Attn: Prospectus Department.
A registration statement and post-effective amendment to the
registration statement relating to these securities have been filed
with, and declared effective by, the Securities and Exchange
Commission (“SEC”) on October 29, 2020. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities in any state
or jurisdiction in which such an offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
“forward-looking statements,” including with respect to the initial
public offering and the anticipated use of the net proceeds. No
assurance can be given that the offering discussed above will be
completed on the terms described, or at all, or that the net
proceeds of the offering will be used as indicated. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company’s registration statement and
preliminary prospectus for the offering filed with the SEC. Copies
are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
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Rob Striar CEO Bull Horn Holdings stri@bullhornse.com
Bull Horn (NASDAQ:BHSEU)
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