New IPO Paul Ryan''s SPAC Government Community Partnering Corp ENPC U Proclaims September 16th IPO

Government Community Partnering Corp., a clean examine firm shaped by Paul Ryan, Solamere Capital, and Vivint Photo voltaic co-founder Alex Dunn, filed on Monday with the SEC to boost as much as $300 million in an preliminary public providing.

The Boston, MA-based firm plans to boost $300 million by providing 12 million items, which the corporate calls CAPS (Capital which Aligns and Companions with a Sponsor), at $25. Every CAPS consists of 1 share of frequent inventory and one-quarter of a warrant, exercisable at $27.50.

The corporate is led by CEO, CFO, and Director Alex Dunn, the previous President of Vivint Sensible Residence (NYSE: VVNT), which went public through SPAC merger in January 2020 and final closed up 84% from the $10 provide value. The corporate was shaped as a partnership of Alex Dunn, former Home speaker and Director Paul Ryan, and Solamere Capital, a non-public fairness agency based and managed by Tagg Romney, Eric Scheuermann, and Spencer Zwick.

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