NEW
YORK, July 28, 2023 /PRNewswire/ -- Haymaker
Acquisition Corp. 4 (the "Company") (NYSE HYAC U) announced today
that it closed its initial public offering of 23,000,000 units,
including 3,000,000 units pursuant to the exercise of the
underwriters' over-allotment option. The offering was priced at
$10.00 per unit generating total
gross proceeds of $230,000,000.
Of the proceeds received from the consummation of the initial
public offering and a simultaneous private placement of units (as
well as the exercise of the over-allotment option), $232,300,000 (or $10.10 per unit sold in the public offering) was
placed in trust.
The Company is a blank check company formed for the purpose of
entering into a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. The Company's acquisition and value
creation strategy will be to identify, acquire and, after its
initial business combination, build a company in the consumer or
consumer-related products and services industries. The Company is
led by Chief Executive Officer and Executive Chairman Andrew R. Heyer, President and Board Member
Steven J. Heyer, and Chief Financial Officer Christopher Bradley.
Cantor Fitzgerald & Co. and William
Blair & Company, L.L.C. acted as bookrunners and
representatives of the underwriters of the offering and Roth
Capital Partners, LLC acted as co-manager of the offering.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to the offering may be obtained from Cantor
Fitzgerald & Co., Attention: 499 Park Avenue, 5th
Floor, New York, NY 10022 or by
email: prospectus@cantor.com, or from William Blair & Company, L.L.C., Attention:
150 North Riverside Place, Chicago,
Il 60606.
A registration statement relating to these securities was
declared by the U.S. Securities and Exchange Commission (the "SEC")
on July 25, 2023. This press release
shall not constitute an offer to sell, or the solicitation of an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities law of an such state or
jurisdiction.
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
preliminary prospectus for the offering filed with the SEC. Copies
are available on the SEC's website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or change after the date of this release, except as required by
law.
Contact
Christopher
Bradley
Cbradley@mistralequity.com
212.616.9600
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SOURCE Haymaker Acquisition Corp. 4