The new SPAC in an S-1 filing said it is focused on the Environmental, Social and Governance (“ESG”) sectors. Seven Oaks plans to raise $200 million in an IPO of 20 million units at $10. Each unit will consist of one share of common stock and one-half of a warrant at an exercise price of $11.50.
Seven Oaks plans to list on the Nasdaq under SVOKU. Read more.