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Vice Media targets valuation of nearly $3B in proposed SPAC deal

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Vox Media to buy owner of Preet Bharara's podcast

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Group Nine Acquisition Corp. Announces Closing Of $230M Initial Public Offering, Including Full Exercise Of The Underwriters' Over-Allotment Option

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NEW YORK, Jan. 20, 2021 /PRNewswire/ Group Nine Acquisition Corp. ( GNAC or the Company ), announced today the closing of its initial public offering of 23,000,000 units which included the full exercise of the underwriters over-allotment option, at a price of $10.00 per unit, resulting in aggregate gross proceeds of $230,000,000.
GNAC is a newly organized, blank check company formed by Group Nine Media, Inc. for the purpose of carrying out a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
The units began trading on the Nasdaq Capital Market ( Nasdaq ) under the ticker symbol GNACU on January 15, 2021. Each unit consists of one share of GNAC s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at an exercise pri ....

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