Omnichannel Hacks IPO to $250M

Omnichannel in a filing said it downsized its IPO to $250 million. The SPAC, focused on consumer and retail businesses, originally filed for a $350 million IPO last month. Omnichannel said it will target “technology-enabled cross-channel retail and consumer services — including the direct-to-consumer (“DTC”)/e-commerce retail, consumer healthcare, consumer marketplaces, consumer services and related sectors in North America with enterprise values from $1 billion to $2.5 billion.” Read more.

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