Capitol Investment V today priced its $300M IPO. In its original registration statement the SPAC said it would target companies with solid growth prospects, but was not focused on any specific sector.
The new SPAC said it will target high-growth technology and tech-enabled businesses in Southeast Asia in the consumer internet, ecommerce, and software industries.
The new SPAC intends to pursue prospective targets based in the United States in the healthcare sector with an enterprise value of between $400 million and $1 billion.