Revolution Acceleration Acquisition filed to raise up to $250 million in an IPO. The new SPAC is targeting companies in technology, government policy, and regulation.
Revolution Acceleration plans to list on the Nasdaq under RAACU. Read more.
The combined company expects to receive up to $454 million in cash at closing, assuming no redemptions by Northern Star’s stockholders. The amount includes an upsized fully-committed $200 million PIPE.