Winston & Strawn Represented Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC
September 27, 2021
Source: Winston & Strawn
Winston & Strawn represented Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as underwriters in connection with Argus Capital Corp. ("Argus") in its initial public offering of 30,475,000 units at a price of $10.00 per unit, including 3,975,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading under the ticker symbol "ARGUU" on September 22, 2021. Each unit consists of one share of Argus' Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "ARGU" and "ARGUW," respectively.
Argus' business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While Argus may pursue an initial business combination opportunity in any industry or sector, it intends to identify and complete a business transaction with a company in the tech-driven media industry.
Press Release: https://www.prnewswire.com/news-releases/argus-capital-corp-announces-closing-of-upsized-304-75-million-initial-public-offering-301384943.html
Winston Team:
Michael Blankenship, Lead Partner, Houston
James Brown, Partner, Houston
Michael Murphy, Partner, Houston
Evan Lewis, Associate, Houston
Luisa Patoni, Associate, Houston
Ben Smolij, Associate, Houston
Alexander Tanner, Associate, Houston


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