TZP Strategies Acquisition offered 25 million units at $10 each to raise $250 million in an IPO.
The SPAC plans to focus on sectors including technology services, business services and consumer products and services.
Samuel Katz founded TZP in March of 2007. He began his career in 1986 as a financial analyst at Drexel Burnham Lambert. Before founding TZP he was CEO of MacAndrews & Forbes Acquisition Holdings.
Units commence trading today on the Nasdaq under TZPSU. Read more.