Virtuoso Acquisition Corp. has closed its initial public offering of 23,000,000 units, including 3,000,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000.
The Company’s units are listed on the Nasdaq Capital Market and are trading under the ticker symbol “VOSOU.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant.
While the SPAC may pursue deals in any business or industry, it intends to focus its search on media companies, within the digital marketing, digital platforms, subscription, and ad tech sectors. The Company is led by CEO Jeffrey Warshaw and CFO Michael Driscoll.