{"id":450453,"date":"2021-03-04T07:03:52","date_gmt":"2021-03-04T12:03:52","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450453"},"modified":"2021-03-04T07:03:52","modified_gmt":"2021-03-04T12:03:52","slug":"altimar-acquisition-corp-iii-announces-pricing-of-upsized-135-million-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altimar-acquisition-corp-iii-announces-pricing-of-upsized-135-million-initial-public-offering\/","title":{"rendered":"Altimar Acquisition Corp. III Announces Pricing of Upsized $135 Million Initial Public Offering"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, March 4, 2021<\/span> \/PRNewswire\/ —\u00a0Altimar Acquisition Corp. III (the “Company”), a special purpose acquisition company, announced the pricing of its initial public offering of 13,500,000 units at a price of $10.00<\/span> per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “ATAQU” beginning March 4, 2021<\/span>. Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50<\/span> per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols “ATAQ” and “ATAQW,” respectively.<\/p>\n

The Company is sponsored by Altimar Sponsor III, LLC, an affiliate of HPS Investment Partners, LLC, and is led by Tom Wasserman<\/span> as the Chief Executive Officer and chairman of the board of directors. The Company is a newly organized blank check company incorporated as a Cayman Islands<\/span> exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or business combination with one or more businesses.<\/p>\n

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC\u00a0are serving as joint book-running managers for this offering. The Company has granted the underwriters a 45-day option to purchase up to 2,025,000 additional units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on March 8, 2021<\/span>, subject to customary closing conditions.<\/p>\n

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: <\/p>\n