Vistas Media Acquisition Co. Inc.'s US$100M IPO

Winston & Strawn LLP represented Vistas Media Acquisition Co. Inc. (the Company), a special purpose acquisition company, in its US$100M initial public offering of 10,000,000 units at US$10.00 per unit. The units have been listed on The Nasdaq Capital Market (NASDAQ) and began trading under the ticker symbol “VMACU” on August 7, 2020. Each unit consists of one share of Class A common stock and one redeemable warrant, with each warrant exercisable to purchase one share of Class A common stock at a price of US$11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "VMAC" and "VMACW," respectively. The Company intends to focus its search for an initial business combination in the media and entertainment sector.