SPAC CH4 Natural Solutions Acquisition increases unit offering by 20% ahead of $300 million IPO
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CH4 Natural Solutions Acquisition, a SPAC backed by Impact Ag, Riverstone's David Leuschen, and Overview Capital's Lauren Singer, increased its unit offering by 20% ahead of its $300 million IPO. The company now plans to offer 30 million units at $10 each, up from 25 million units. Each unit consists of one share of common stock and one-quarter of one warrant, exercisable at $11.50. The SPAC targets businesses with significant real-asset footprints for methane mitigation. It will list on the NYSE under the symbol MTNE.U, with Santander as the sole bookrunner.
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