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.)
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:
Lock-Up Period Expiration Date:
SCOOP Rating
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