Genesis Park Acquisition Corp, an aviation industry-focused blank check company sponsored by Genesis Park, has filed for a $200 million IPO. The company is planning on trading the stock on the New York Stock Exchange under the ticker symbol “GNPK.U.” Jefferies LLC is serving as the sole underwriter.
HOUSTON, Sept. 29, 2020 /PRNewswire/ — Genesis Park Acquisition Corp. (the “Company”), a special purpose acquisition company, announced that it filed a registration statement on Form S-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of 20,000,000 units at a price of $10.00 per unit, consisting of one Class A ordinary share and one-half of one redeemable warrant. The Company has applied to list the units on the New York Stock Exchange under the symbol “GNPK.U.”
While the Company may pursue an acquisition opportunity in any industry, it intends to focus on businesses that align with the significant aerospace and aviation experience of its management team, board of directors and advisory committee. The Company’s Sponsor, Genesis Park Holdings, is an affiliate of Genesis Park, a Houston-based private equity firm.
Jefferies LLC is acting as sole book-running manager for the offering. The Company has granted the underwriter a 45-day option from the date of the final prospectus to purchase up to an additional 3,000,000 units to cover over-allotments, if any.
The proposed offering will be made only by means of a prospectus, which forms a part of the Registration Statement. Copies of the preliminary prospectus relating to the proposed offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus may be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com.