- Hawks Acquisition (HWKZ.U) priced its 20M units IPO at $10/unit; units will be listed on the NYSE and will trade under the symbol, "HWKZ.U" commencing today.
- Each unit consists of one share and one-half of one redeemable public warrant; each whole public warrant entitles the holder to purchase one share at $11.5/share.
- Underwriters granted 45-day option to purchase up to 3M additional units.
- Offer is expected to close on Oct.13.
- While the company may pursue an initial business combination with any company in any industry, Hawks Acquisition expects to focus on businesses that have either emerged from a restructuring or private companies that are burdened by leveraged capital structures.