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Blank check company Haymaker Acquisition Corp goes public

Haymaker Acquisition Corp, a blank check acquisition company formed by Steve Heyer, ex-CEO of Starwood Hotels, has raised $300 million for its IPO after pricing its 30 million shares at $10 per share. The stock began trading October 25, 2017 on the NASDAQ under the ticker symbol “HYACU.” Cantor Fitzgerald is the lead underwriter.

PRESS RELEASE

NEW YORK, Oct. 24, 2017 (GLOBE NEWSWIRE) — Haymaker Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “HYACU” beginning October 25, 2017. Each unit consists of one share of the Company’s Class A common stock and one half of one warrant, each whole warrant enabling the holder thereof to purchase one share of the Class A common stock at a price of $11.50 per share. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on NASDAQ under the symbols “HYAC” and “HYACW.”

The Company is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company’s acquisition and value creation strategy will be to identify, acquire and, after its initial business combination, build a company in the consumer or consumer-related products and services industries. The Company is led by Chief Executive Officer and Executive Chairman Steven J. Heyer and President Andrew R. Heyer.

Cantor Fitzgerald & Co. will act as the sole book running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Cantor Fitzgerald & Co., 499 Park Avenue, New York, New York 10022, Attn: Kevin Brennan, kbrennan@cantor.com, tel.: (212) 915-1970.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on October 24, 2017. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.