Now Reading:
Replay Acquisition Corp. Closes $287.5 Million Initial Public Offering
Full Article 5 minutes read

Replay Acquisition Corp. Closes $287.5 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Replay Acquisition Corp. (the “Company”) (NYSE: RPLA.U) announced today
that it closed its initial public offering of 28,750,000 units, which
included 3,750,000 units issued pursuant to the full exercise by the
underwriters of their over-allotment option. The offering was priced at
$10.00 per unit, resulting in gross proceeds of $287,500,000.

The Company’s units began trading on the New York Stock Exchange
(“NYSE”) under the ticker symbol “RPLA.U” on April 4, 2019. Each unit
consists of one ordinary share and one-half of one warrant. Each whole
warrant entitles the holder thereof to purchase one ordinary share at a
price of $11.50 per share. Only whole warrants are exercisable. Once the
securities comprising the units begin separate trading, the ordinary
shares and warrants are expected to be listed on the NYSE under the
symbols “RPLA” and “RPLA WS,” respectively.

The Company was formed for the purpose of effecting a merger,
amalgamation, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more
businesses. The Company may pursue an initial business combination
target in any business, industry or geographical location, although the
Company intends to focus on target businesses in Argentina and/or Brazil.

Credit Suisse and BofA Merrill Lynch acted as joint book-running
managers and I-Bankers Securities, Inc. acted as co-manager of the

The offering was made only by means of a prospectus. Copies of the
prospectus may be obtained from Credit Suisse, Attn: Prospectus
Department, Eleven Madison Avenue, 3rd Floor, New York, NY 10010,
Telephone: 1-800-221-1037, Email:
or from BofA Merrill Lynch, Attn: Prospectus Department, NC1-004-03-43,
200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Email:

A registration statement relating to the securities was declared
effective by the U.S. Securities and Exchange Commission (the “SEC”) on
April 3, 2019. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or

Forward-Looking Statements

This press release contains statements that constitute “forward-looking
statements,” including with respect to the initial public offering and
the anticipated use of the net proceeds. No assurance can be given that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many of
which are beyond the control of the Company, including those set forth
in the Risk Factors section of the Company’s registration statement and
prospectus for the Company’s offering filed with the SEC. Copies of
these documents are available on the SEC’s website,
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as required
by law.


Replay Acquisition Corp.
Grace Lee,

Leave a Reply

Input your search keywords and press Enter.