New SPAC 890 5th Avenue Partners filed to offer 25 million units at $10 each to raise $250 million in an IPO.
The SPAC is focused on the technology, media and telecomm space, especially companies with enterprise valuations in the range of $750 million to $2 billion or more.
890 5th Avenue is led by Executive Chairman Adam Rothstein, co-founder and general partner of Disruptive Technology Partners, an Israeli technology-focused early-stage investment fund.
The SPAC intends to list on the Nasdaq under ENFAU. Read more.