B. Riley Principal 250 Merger Corp.
We intend to focus on established businesses that have an aggregate enterprise value of approximately $800 million to $2 billion and would benefit from access to public markets and the operational and strategic expertise of our management team and board of directors. We will seek to capitalize on the significant experience of our management team in consummating an initial business combination with the ultimate goal of pursuing attractive returns for our shareholders.
Our management team is led by Daniel Shribman who has 14 years of operating, deal-making and investment experience. Mr. Shribman is also the Chief Investment Officer of B. Riley Financial (Nasdaq: RILY), a holding company of a diversified group of subsidiaries, including B. Riley, a registered broker-dealer and entity holding a portfolio of cash and investments of over $1 billion.
Mr. Shribman helps oversee the asset base of B. Riley Financial alongside Chief Executive Officer Bryant Riley.
(Note: B. Riley Principal 250 Merger Corp. priced its SPAC IPO on May 6, 2021, in line with the downsized terms in its prospectus: 15 million units at $10 each to raise $150 million. The deal’s size was initially 25 million units and that amount was cut in an S-1/A filing on April 20, 2021.)
|Address||299 Park Avenue 21st Floor New York, New York 10171|
|Phone Number||(212) 457-3300|
|View Prospectus:||B. Riley Principal 250 Merger Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$150.0 mil|
|Manager / Joint Managers||B. Riley Securities, Inc.|
|Expected To Trade:||5/7/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|