Haymaker Acquisition Corp V closes $287.5M IPO and $8M private placement

Haymaker Acquisition Corp V

IPO of 28,750,000 units at $10.00/unit, incl. 3,750,000 over-allotment; gross proceeds $287.5M.
Private placement: 5,333,333 warrants at $1.50 to sponsor and underwriters; gross proceeds $8M.
$287.5M placed in trust account with Continental Stock Transfer; $10.00 per unit.
Audited balance sheet shows $2.44M cash outside trust; working capital $2.11M; no target selected.
Company has 24 months from IPO to complete a business combination or redeem public shares.

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