Silver Crest Acquisition offered 5 million addition units at $10 each to upsize its IPO 20 percent to $300 million from the $250 million initially planned.
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’s units will trade on the Nasdaq under SLCRU. Read more.
