Constellation Acquisition I registered with the SEC to offer 30 million units at $10 each to raise $300 million in an IPO.
Constellation I intends to focus on a target “that is at the forefront of change in one of several rapidly changing segments of the global economy,” driven either by digitization of business processes, the rising global middle class and their increased focus on personal well-being or the pace and impact of disruptive innovation, the filing states.
The SPAC is led by CEO and Chairman Klaus Kleinfeld, former CEO of NEOM, Arconic, and Alcoa.
Constellation I has applied for a listing on the NYSE under CSTA.U. Read more.
