Bluescape Opportunities Acquisition Corp. Announces Closing Of $575 Million Initial Public Offering

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Oct 31, 2020
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Bluescape Opportunities Acquisition Corp. (the “Company” or “BOAC”), led by Chairman and Chief Executive Officer C. John Wilder, today announced the closing of its initial public offering of 57,500,000 units at a price of $10.00 per unit. The units are listed on the New York Stock Exchange (the "NYSE") under the symbol "BOAC.U". Each unit consists of one share of the Company's Class A common stock and one-half of one warrant, each whole warrant entitles the holder thereof to purchase one share of the Company's Class A common stock at an exercise price of $11.50 per share. The securities comprising the units are expected to begin separate trading on the 52nd day following the date of the final prospectus related to the offering. Once the securities constituting the units begin separate trading, the Company expects that the Class A common stock and warrants will be listed on the NYSE under the symbols "BOAC" and "BOAC WS," respectively.