Class Acceleration Files for $225M IPO

Class Acceleration registered to offer 22.5 million units at $10 each to raise $225 million in an IPO. The new SPAC plans to target companies in education technology.

Class Acceleration is led by Co-Executive Chairman Joseph Parsons, who is a managing member of private investment firm 1913 Ventures. Co-Exeutive Chairman Robert Daugherty is dean of the Forbes School of Business & Technology 

The SPAC intends to list on the NYSE under CLAS.U. Read more.

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