This new return range seemed to be confirmed by the most recent deal announcements from Hennessy Capital Acquisition Corp. IV (HCAC) and Trine Acquisition Corp. (TRNE). GS Acquisition Holdings Corp. II filed for a proposed IPO of 70 million units at $10 per unit for an aggregate offering price of $700 million. U, GSAH WS), a special purpose acquisition company co-sponsored by an affiliate of The Goldman Sachs Group and David M. Cote. Other than as modified pursuant to the Amendment, the. Vertiv Holdings LLC ("Vertiv"), a Platinum Equity portfolio company, and a global provider of critical digital infrastructure and continuity solutions, today announced it will become a publicly traded company through a merger with GS Acquisition Holdings Corp (NYSE: GSAH, GSAH. Jaws Acquisition Corp. (). Under the terms of the agreement, GS Acquisition Holdings will pay cash of $415 million, subject to adjustment. After giving effect to any redemptions by the public stockholders of GSAH, the balance of the approximately $705 million in cash held in GSAH's trust account, together with the $1. Factors that may cause such differences include, but are not limited to: (1) the Companys ability to complete the. Foley Trasimene Acquisition Corp. Mirion, a Charterhouse Capital Partners Portfolio Company, to List on NYSE Through Business Combination with GS Acquisition Holdings Corp II. 55.
GS Acquisition Holdings Corp II (the "Company"), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acq. Per an article on Barron's, the states, cities and towns in the US are collectively facing budget shortfalls of approximately $1 trillion through 2022. Upon completion, it is expected that, assuming no redemptions by the public stockholders of GSAH, Charterhouse Capital, alongside its co-investors and Mirion management will hold approximately 19% of Mirion Technologies, Inc. Such statements can be identified by the fact that they do not relate strictly to historical or. Mirion), CCP IX LP No. What is the stock price of gsah.ws us. As previously announced, on June 17, 2021, GS Acquisition Holdings Corp II, a Delaware corporation (the Company or. However, the oversupply and fatigue of deal announcement might lead to diminishing expected return of the SPAC warrants going forward - it will be hard to identify opportunities with 5x return nowadays unless the market suffers another crash as severe as last March. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. A registration statement relating to the securities has been filed with, and declared effective by, the Securities and Exchange Commission ("SEC").
Investors may listen to a presentation regarding the proposed transaction on Thursday, June 17, 2021 starting at 8:30 am ET. Morgan, Lewis & Bockius, LLP and Gibson, Dunn & Crutcher LLP acted as joint legal advisors to Platinum Equity and Vertiv. U, GSAH WS), a special purpose acquisition company sponsored by an affiliate of The Goldman Sachs Group, Inc. Larry Kingsley, former CEO of Pall Corporation and IDEX Corporation, will serve as Chairman when the transaction closes. The replay can be accessed by dialing 1-844-512-2921 (domestic toll-free number) or 1-412-317-6671 (international) and providing the pin number: 13720592. Forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. This article was written by. Vertiv's existing management team will continue to be led by 30-year industry veteran CEO Rob Johnson. "Tom Logan and his team have done a tremendous job building the company and positioning it for long-term value creation. In addition to the $200 million anchor PIPE investment, Goldman Sachs has provided an additional $125 million equity commitment to be used as a backstop in the event that the minimum cash condition fails to be satisfied. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols "GSAH" and "GSAH WS, " respectively. Price/Sales 14, 347. The company's portfolio of radiation monitoring, detection, measurement and sensing systems along with dosimetry and radiation therapy quality assurance solutions, generated approximately $650 million1 in pro forma Adjusted Revenue in FY2020 (FYE June 30). What is the stock price of gsah.ws energy. "The company is exactly the asset we were looking for, with a great position in a good industry, products differentiated by technology, strong organic and inorganic growth potential, and opportunities for sustained improvements over time.
The near-term catalyst for these SPACs to shine is the Presidential Election in November, as the newly elected President will have to address the budget shortfall. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, the Companys or Mirions management. Among the three cannabis SPACs, the THCB warrant (THCBW) is more of a low-hanging fruit because its liquidation deadline is the earliest on December 7, 2020, and, more importantly, among all the SPACS that have liquidation deadlines before year-end, THCB is the only one with larger than $200 million in the trust account. U, GSAH and GSAH WS, to VERT. A replay of the teleconference will also be available for approximately 14 days. Price target in 14 days: 2. Vertiv to List on New York Stock Exchange –. On August 3, 2021, a purported stockholder of the Company sent a letter to the Companys board of directors claiming that the board of directors is improperly denying the Companys Class A common stockholders the right under Delaware law to a. separate class vote with respect to the Companys proposal to increase the number of authorized shares of the Companys Class A common stock in connection with the Companys proposed business combination with Mirion. Actually, it is the only SPAC that has both more than $300 million in trust account and a liquidation deadline before April 30, 2021.
2) Acamar Partners Acquisition Corp. To continue, please click the box below to let us know you're not a robot. 0x LTM estimated pro forma Adjusted EBITDA as of June 30, 2021. GSAH), announced that it entered into a Business Combination Agreement (the Agreement), dated as of June 17, 2021, by and among the Company, Mirion Technologies (TopCo), Ltd., a Jersey private company limited by shares. I could not be more excited at the opportunity to partner with Tom and his team to support their continued growth, " said Mr. Kingsley. What is the stock price of gsah.ws financial. 50 Stock Forecast, GSAH-WS stock price prediction. Comparable Warrants Relative Value Table. The remainder of the consideration payable to the stockholders of Vertiv will consist of shares of GSAH common stock. NEW YORK--( BUSINESS WIRE)--GS Acquisition Holdings Corp II (the "Company"), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 70, 000, 000 units at a price of $10. 3 billion in revenue in 2018.
Davis Polk & Wardwell LLP acted as legal advisor to Mirion and Freshfields Bruckhaus Deringer LLP acted as legal advisor to Charterhouse.