Technology, media, and telecommunications-focused SPAC 890 5th Avenue Partners pricedd its $250 million IPO at $10 per unit.
The SPAC is focused on the TMT 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.
Units start trading today on the Nasdaq under ENFAU. Read more.