Thursday, 14 May 2020

Barry Sternlicht’s Jaws Acquisition upsizes IPO to $600M

Jaws Acquisition, a company founded by Starwood’s Barry Sternlicht, has upsized its IPO after filing a prospectus earlier this week. The special purpose acquisition company plans to raise $600 million — up from $500 million — for a listing on the New York Stock Exchange Thursday, according to Bloomberg. According to SEC filings, the company won’t be in competition with Starwood Capital Group because it won’t target Starwood’s areas of real estate, lodging and energy



source https://therealdeal.com/2020/05/14/barry-sternlichts-jaws-acquisition-upsizes-ipo-to-600m/

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