AC - Associated Capital launches $175M IPO of its SPAC

Associated Capital ([[AC]] -0.8%) announced $175M initial public offering of its special purpose acquisition corporation, PMV Consumer Acquisition (PMVC).PMV Consumer Acquisition was created to pursue an initial business combination following the consumer globally with companies having an enterprise valuation in the range of $200M to $3.5B.This investment is part of Associated Capital's three pronged approach to direct investing which includes its fund-less private equity vehicle, Gabelli Private Equity Partners, Gabelli Principal Strategies, organized to invest in the capital structure of small and mid-sized companies,

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Associated Capital launches $175M IPO of its SPAC