Deep Lake Capital Files for $150M IPO

Fintech-focused Deep Lake Capital Acquisition filed to offer 15 million units at $10 each to raise $150 million in an IPO.

In addition to fintech targets, the new SPAC will focus on ecommerce software, and the data and analytics sectors.

Deep Lake is led by Co-founder, Chairman and CEO Mark Lavelle, a former SVP of commerce at Adobe.

The SPAC intends to list on the Nasdaq under DLCAU. Read more.

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