Recession USA 2020

Cohn Robbins prices $720M IPO (NYSE:CRHC)

Blank check company, Cohn Robbins Holdings (NYSE:CRHC) has priced its IPO of 72M units at $10.00/unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.

Each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50/share.

Underwriter’s over-allotment is an additional 10.35M units.

The units will be listed on the NYSE and trade under the symbol “CRHC.U” beginning September 9.

Credit Suisse is acting as sole book-running manager.

Closing date is September 11.

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