B. Riley Principal 150 Merger Corp.
General Information | |
Business: | We intend to focus on established businesses with an aggregate enterprise value of approximately $300 million to $1 billion that would benefit from access to public markets as well as the operational and strategic expertise of our management team and board of directors. Daniel Shribman is our CEO and our CFO. He is also the president of B. Riley Principal Investments, LLC, and the chief investment officer of B. Riley Financial; both are affiliates of B. Riley Securities, Inc. Mr. Shribman has 14 years of operating, deal-making and investment experience. Bryant Riley, our chairman, is the chairman and co-CEO of B. Riley Financial (Nasdaq: RILY), a publicly traded financial services company which operates through several subsidiaries. B. Riley went public in 2014 through a strategic combination with Great American Group. Since founding his company in 1997, Mr. Riley has expanded the B. Riley Financial platform organically and through acquisitions to become a diversified provider of capital markets and business advisory services. (Note: B. Riley Principal 150 Merger Corp. priced its SPAC IPO on Feb. 18, 2021, according to the terms in its prospectus: 15 million units at $10 each to raise $150 million. This is the third SPAC established by B. Riley Financial.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2020 |
Contact Information | |
Address | 299 Park Avenue 21st Floor New York, New York 10171 |
Phone Number | (212) 457-3300 |
Web Address | |
View Prospectus: | B. Riley Principal 150 Merger Corp. |
Financial Information | |
Market Cap | $191.8mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | BRPMU |
Exchange | NASDAQ |
Shares (millions): | 15.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $150.0 mil |
Manager / Joint Managers | B. Riley, Inc. |
CO-Managers | - |
Expected To Trade: | 2/19/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |