Bookrunner EarlyBirdCapital, co-managers Aegis and I-Bankers to assist
By Devika Patel
Knoxville, Tenn., Feb. 6 – Barington/Hilco Acquisition Corp. said it priced its $40 million initial public offering of units with a $6 million greenshoe on Thursday.
The company will sell 4 million units of one common share, one right to receive 0.1 shares and one half-share warrant at $10.00 per unit, with each whole warrant exercisable at $12.50 until Feb. 6, 2016.
EarlyBirdCapital, Inc. is the bookrunner.
The blank check company is based in New York. The company intends to list its stock on the Nasdaq stock exchange under the symbol “BHAC.”
| Issuer: | Barington/Hilco Acquisition Corp.
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| Issue: | Units of one common share, one right to receive 0.1 shares and one half-share warrant
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| Amount: | $40 million
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| Greenshoe: | $6 million
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| Shares: | 4 million
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| Price: | $10.00
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| Warrants: | One half-share warrant per unit
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| Warrant expiration: | Feb. 6, 2016
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| Warrant strike price: | $12.50
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| Bookrunner: | EarlyBirdCapital, Inc.
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| Co-managers: | Aegis Capital Corp. and I-Bankers Securities
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| Pricing date: | Feb. 5
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| Settlement date: | Feb. 11
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| Stock exchange: | Nasdaq: BHAC
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