Manatt Represents A.G.P. and Brookline Capital Markets in Relativity Acquisition Corp.’s $143.75M IPO

Manatt Capital Markets Partners Thomas Poletti and Veronica Lah and Corporate and Finance Associate Danli Lan, represented A.G.P./Alliance Global Partners and Brookline Capital Markets in connection with the $143.75 million initial public offering (IPO) of Relativity Acquisition Corp., a special purpose acquisition company (SPAC).

The SPAC offered 14,375,000 units at $10.00 per unit, with each unit consisting of one share of common stock and one redeemable warrant; the total amount includes 1,875,000 units issued to the underwriters upon full exercise of their over-allotment option. Each whole warrant will entitle the holder thereof to purchase one share of common stock at $11.50 per share. The units will trade on The Nasdaq Global Market under the symbol “RACYU.”

Relativity Acquisition Corp. intends to focus on businesses in the legalized cannabis industry and related industries such as consumer packaged goods, health and wellness, technology, pharmaceuticals, manufacturing, distribution, logistics, and brand management.

A.G.P. acted as sole book-running manager for the offering, and Brookline Capital Markets acted as co-manager.

Previously, Manatt represented A.G.P. and Brookline Capital Markets as underwriters in a $75 million IPO for Larkspur Health Acquisition Corp. and a $172 million IPO for Mount Rainier Acquisition Corp., and represented A.G.P. and The Benchmark Company, LLC, as underwriters in a $132.25 million IPO for Murphy Canyon Acquisition Corp.

For more information on this SPAC deal, click here.



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