NEW YORK, NY (GLOBE NEWSWIRE) -- FirstMark Horizon Acquisition Corp. announced today that it priced its initial public offering of 36,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “FMAC.U” beginning October 6, 2020. Each unit consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and redeemable warrants are expected to be listed on the NYSE under the symbols “FMAC” and “FMAC WS,” respectively.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Credit Suisse is acting as sole book-running manager. The Company has granted the underwriter a 45-day option to purchase up to an additional 5,400,000 units at the initial public offering price to cover over-allotments, if any.