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 company is looking for buyers of its existing shares and will be seeking new investors as well as potential acquirers.
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.