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MITA

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Coliseum Acquisition Corp

11.51
0.00 (0.00%)
Last Update: 06 Jan 2025 17:30:00
Yesterday: 11.51
Day's Range: 11.51 - 11.51
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When Written:
 
10.25
Coliseum Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020. The company was created with the purpose of merging with or acquiring one or more businesses in the technology, media, and telecommunications (TMT) sectors. The company is led by CEO and Chairman, Nigel Eccles, who is a successful entrepreneur and co-founder of FanDuel, a daily fantasy sports company.

Coliseum Acquisition Corp raised $250 million in its initial public offering (IPO) in November 2020. The funds raised from the IPO are intended to be used to fund a merger or acquisition with a target company. The company has not yet announced any specific merger or acquisition targets, but it has stated that it is actively seeking opportunities.

Coliseum Acquisition Corp is listed on the New York Stock Exchange under the ticker symbol "MITAU". The company's shares consist of one share of Class A common stock and one-third of one redeemable warrant. The warrants are exercisable at $11.50 per share and expire five years from the date of the IPO.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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