The SPAC in a filing said simultaneously with the consummation of its IPO it completed the private placement of 5,817,757 warrants to OTR Acquisition Sponsor at a price of $1 per placement warrant. With the IPO, that brings the SPAC’s total raise to $107.1 million. Read more.
Related Posts
EdtechX Hacks IPO to $100M
The SPAC plans to target an education technology business.
Megalith Files Prelim Proxy on BankMobile Deal
The SPAC today set a Dec. 21 date for shareholders to voted on the proposed merger.
AF Acquisition Sponsor Agrees to Lend up to $200K
AF raised $200 million in a March 2021 IPO. The SPAC intends to focus its search on companies in the food and beverage, health and wellness, beauty, personal care and pet industries.
Athena Technology II Pushes Extension Vote Back 24 Hours
The SPAC has a $300 million deal pending with Air Water Ventures. Headquartered in Abu Dhabi, the target is a "first mover in direct air-to-water technology, producing quality drinking water at a lower cost and environmental impact than bottled water."