Vistas Media Acquisition Plans $100 Million IPO for August 5th (VMACU)

Vistas Media Acquisition (VMACU) is planning to raise $100 million in an initial public offering on Wednesday, August 5th, IPO Scoop reports. The company will be issuing 10,000,000 shares at $10.00 per share.

The company has a market-cap of $128.3 million.

I-Bankers Securities acted as the underwriter for the IPO and EarlyBird Capital and US Tiger Securities were co-managers.

Vistas Media Acquisition provided the following description of their company for its IPO: ”  While we may pursue an initial business combination target in any business, industry or geographic location, we intend to search globally for target companies within the media and entertainment (“M&E”) sector. We intend to focus specifically on companies that are positioned to benefit directly from the growth of digitally available content. While our efforts to identify a target will not be limited to any particular M&E segment or geography, we intend to focus our search on content, film, post-production and/or visual effects facilities, animation, streaming, augmented and virtual reality, music, digital media, gaming and e-sports.   “.

Vistas Media Acquisition was founded in 2020 and has 0 employees. The company is located at 30 Wall Street, 8th Floor, New York, NY 10005, US and can be reached via phone at (212) 859-3525.

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