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ACON Investments' sustainability-focused SPAC ACON S2 Acquisition prices $250 million IPO at $10

Sep 17, 2020 - Nasdaq
Mergers and Acquisitions

A CON S2 Acquisition, a blank check company formed by ACON Investments targeting a sustainable business, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.

The company is led by  CEO and Director Adam Kriger , an Executive Partner in ACON Investments' private equity group and former SVP of Corporate Strategy for The McDonald's Corporation, and  CFO and Chairman John Roush , an execu...