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Bain Capital GSS Investment Corp. closed its initial public offering of 46 million units at $10 per unit, raising $460 million. The offering included 6 million units from the full exercise of underwriters’ over-allotment option.
The special purpose acquisition company began trading on the New York Stock Exchange under ticker BCSS.U on September 30, 2025. Each unit contains one Class A ordinary share and one-fifth of a redeemable warrant. Whole warrants allow holders to purchase Class A shares at $11.50 each.
The company plans to separate its securities for individual trading, with Class A shares expected to trade under BCSS and warrants under BCSS.W on the NYSE.
Bain Capital Special Situations, which manages over $22 billion in assets, sponsors the SPAC. The platform focuses on providing capital solutions to companies, entrepreneurs and asset owners.
"This vehicle allows us to back a strong business with the resources it needs to thrive in the public markets," said Angelo Rufino, chief executive officer of Bain Capital GSS Investment Corp.
The company seeks to identify businesses with growth potential that could benefit from strategic advice and integration within Bain Capital’s ecosystem. Citigroup Global Markets Inc. served as sole book-running manager for the offering.
The Securities and Exchange Commission declared the registration statement effective on September 29, 2025, according to the company’s announcement.