Monument Circle Acquisition Corp. Announces Pricing Of $218,000,000 Initial Public Offering

By Benzinga11 days ago

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INDIANAPOLIS, Jan. 14, 2021 /PRNewswire/ -- Monument Circle Acquisition Corp. (the “Company“) today announced the pricing of its upsized initial public offering of 218,000,000 units at $10.00 per unit. The units will be listed on The Nasdaq Capital Market (“Nasdaq“) under the symbols “MONCU“ commencing on January 13, 2021. Each unit consists of one Class A common stock of the Company and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A common stock at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects the Class A common stock and warrants will be listed on Nasdaq under the symbols “MON“ and “MONCW,“ respectively.

The Company is sponsored by Monument Circle Sponsor LLC, a subsidiary of Emmis Communications Corporation. The Company was formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination ...

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