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Z Capital, Affinity Gaming Launch Gaming & Hospitality Acquisition

· 02/05/2021 09:27

02:23 PM EST, 02/05/2021 (MT Newswires) -- Z Capital Group said it launched Gaming & Hospitality Acquisition (GHACU, GHAC, GHACW), a newly organized blank check special purpose acquisition company, following an upsized $200 million initial public offering.

The company has been 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.

Gaming & Hospitality, sponsored by Affinity Gaming, which is a portfolio company of Z Capital, plans to identify an acquisition target for its initial business combination within the gaming industry.

Concurrently, it also plans to pursue a merger with Affinity Gaming with the completion of its initial business combination.

Gaming & Hospitality is led by Chairman James Zenni, Chief Executive Officer Mary Elizabeth Higgins, Chief Operating Officer Eric Fiocco and Chief Financial Officer Andrei Scrivens.

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