SpringOwl Asset Management’s new SPAC 26 Capital Acquisition offered 4 million more units than initially planned to upsize its IPO 20 percent to $240 million from the original filing for a $200 million raise.
26 Capital plans to target the gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors.
The SPAC’s units begin trading today on the Nasdaq under ADERU. Read more.
