M.M. Dillon & Co. (“Dillon”) was engaged to underwrite a special purpose acquisition company (“SPAC”) initial public offering of approximately $173 million for Advanced Technology Acquisition Corp. (“ATAC” or the “Company”). The offering was comprised of 1,125,000 units, consisting of one share of common stock and one warrant, at $8.80 per unit. The Company also registered 21,562,500 shares underlying warrants included as part of units.
About Advanced Technology Acquisition Corp:
ATAC intends to merge with a technology or technology-related business that has operations or facilities located in Israel or that intends to establish operations or facilities in Israel, such as research and development, manufacturing, or executive offices. The Company focuses to merge with business through capital stock exchange, asset acquisition, stock purchase, and other similar business combinations. Advanced Technology Acquisition Corp. was founded in 2006 and is based in Ramat Gan, Israel.
About M.M. Dillon & Co.
M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.