Spartan Acquisition III registered to offer 40 million units at $10 each for an anticipated raise of $00 million in an IPO.
The SPAC plans to target a business in the energy value chain.
This is the thrid SPAC led by CEO Geoffrey Strong, whose Spartan II raised $345 million last month. His first Spaertan SPAC completed a business combination with electric vehicle maker Fisker Technologies in a $2.9 billion deal.
Spartan said it will apply for a listing on the NYSE under SPAQ.U. Read more.
