new York - based blank check has set in motion a $ 125 m initial public offering by selling 12.5 million shares at $ 10 each in order to fund an acquisition , with assistance from Ellenoff ##ett & Schole . The blank check firm seeks to leverage the funds in order to acquire an as yet unknown private company target .
New York-based Forum Merger has set in motion a $125m initial public offering by selling 12.5 million units at $10 each in order to fund an acquisition, with assistance from Ellenoff Grossman & Schole. The blank check firm seeks to raise the funds in order to acquire an as yet unknown private company target.