B. Riley Securities (BRS), a middle market investment bank, served as lead book-running manager in the initial public offering of OTG Acquisition. The offering consisted of 23 million units priced at $10.00 per unit, including three million units sold pursuant to the full exercise of the underwriters’ over-allotment option, generating gross proceeds of $230 million.
B. Riley Securities’ banking team was led by Jonathan Mitchell, Alex Shaffer and included Henry Gullen. The capital markets team was led by Ryan Aceto and included Dawn Farrell, Sam Cook and Forbes Aggabao.
