Altitude Acquisition Lowers Planned IPO by 17% to $250M

Altitude Acquisition in an amended S-1 filing lowered its IPO to $250 million, down 17 percent from the $300 million raise registered in September.

The SPAC said it will target “travel, travel technology and travel-related businesses with an enterprise value of $1 billion or more” and focused on B2B or B2C. Altitude plans to trade on the Nasdaq under ALTUU. Read more.

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