Jaws Mustang Acquisition filed to raise $750 million in an IPO by offering 75 million units at $10 each.
The SPAC intends to focus on businesses in North America and Europe “that have a clear path to organic and inorganic growth, formidable barriers to entry, exceptional management, and strong underlying demand drivers.”
The SPAC is led by Barry Sternlicht, founder of Starwood Capital, a private alternative investment firm focused on global real estate, hotel management, oil and gas and energy infrastructure with over $73 billion of assets under management as of March 2020.
The SPAC plans to list on the NYSE under JWSM.U. Read more.
