New SPAC Rotor Acquisition offered 4 million more units than originally planned to upsize its IPO 20 percent to $240 million from the $200 million initially filed last month.
The SPAC is focused on the consumer and industrial sectors, especially companies with an “attractive disruptive technology or business model.”
Rotor is led by is led by CEO and Director Brian Finn, a partner at Nyca Partners and former Head of Alternative Investments at Credit Suisse.
Rotor Acquisition units start trading today on the NYSE under ROT.U. Read more.
