Named for the British Spitfire fighter plane in World War II, the SPAC said its focus is on consumer technology and related technology businesses. “We believe that the COVID-19 pandemic has proven to be a catalyst for growth in the consumer technology and related sectors, pulling forward digital consumer trends and adoption across several consumer categories,” the SPAC said in an S-1 filing. “For example, according to IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years.” Read more.
Jaws Spitfire Registers $250M IPO
