Acon Investments' sustainability-focused SPAC prices $250M IPO
The offering is expected to close Sept. 21.
Acon Investments LLC's blank check company, Acon S2 Acquisition Corp., priced its IPO of 25.0 million units at $10.00 apiece, or $250 million in the aggregate.
Each unit comprises one class A common share and one-third of one redeemable warrant, with each whole warrant exercisable to acquire one class A common share at $11.50 apiece. Underwriters have a 45-day overallotment option to acquire up to 3,750,000 additional units.