Banyan Acquisition Corp.
General Information | |
Business: | We intend to focus our efforts on identifying business combination targets in the foodservice industry, including foodservice equipment and supply manufacturers, commercial food manufacturers, commercial food dealers, industry adjacent digital businesses, emerging restaurant concepts, and other similar categories of businesses. Our chairman, Jerry Hyman, is a foodservice industry veteran who spent 17 years as the CEO of TriMark USA, from 2003 to 2020, leading it to become the largest foodservice dealer in the United States. He currently serves as its chairman.
(Note: Banyan Acquisition Corp. upsized its SPAC IPO at pricing on Jan. 19, 2022, to 21 million units, up from 20 million, at $10 each to raise $210 million. Initially Banyan Acquisition had planned to offer 30 million units at $10 each, and then cut the deal’s size to 20 million in an S-1/A filing in early December 2021.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 400 Skokie Blvd Suite 820 Northbrook, Illinois 60062 |
Phone Number | (847) 757-3812 |
Web Address | |
View Prospectus: | Banyan Acquisition Corp. |
Financial Information | |
Market Cap | $270.0mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | BYN.U |
Exchange | NYSE |
Shares (millions): | 21.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $210.0 mil |
Manager / Joint Managers | BTIG |
CO-Managers | - |
Expected To Trade: | 1/20/2022 |
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 |