Empower Ltd. Announces Closing of $250 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Empower Ltd. (NYSE:EMPW.U) (the “Company”) today announced the closing of its initial public offering of 25,000,000 units at a price of $10.00 per unit. The Company is a blank check company sponsored by an affiliate of MidOcean Partners and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue a business combination in any industry, sect