Pivotal III Amends Prospectus for $200M IPO

Pivotal

Pivotal Investment III today filed an amended S-1 on its planned $200 million IPO.

The additions include a balance sheet on operations through Nov. 30 as well as other financial statements and the accounting firm’s report. The amount of the proposed raise remains unchanged from the SPAC’s initial filing earlier this month.

Pivotal intends to focus on industries ripe for disruption from continuously evolving digital technology and the resulting shift in distribution patterns and consumer purchase behavior. Read more.

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The SPAC intends to focus on businesses that operate within the Technology, Media and Telecommunications (“TMT”) sectors, including the wireless communications industry.