According to an SPAC S-1 prospectus for Jacobson’s new company, The Music Acquisition Corporation, the exec was planning to raise $200 million (potentially up to $230 million) via an imminent IPO on the New York Stock Exchange. So far, everything is going to plan. Jacobson’s company has confirmed that it’s successfully priced its IPO of 20 million units at $10 each.
Source: Neil Jacobson secures IPO for $200m acquisitive music company, now trading on the NYSE