Silver Crest Acquisition registered to raise $250 million in an IPO of 25 million units priced at $10 each.
The SPAC plans to target global or regional businesses with differentiated products and services in one or more high growth consumer and consumer technology sectors.
Silver Crest is led by Chairman Leon Meng, founding managing partner and chairman of private equity firm Ascendent Capital Partners.
The SPAC plans to apply for a Nasdaq listing under SLCRU. Read more.
