New tech-focused SPAc Roscliff Acquisition I filed with the SEC to offer 20 million units at $10 each to raise $200 million in an IPO.
The SPAC in the filing said it will pursue “high growth technology and tech-enabled businesses domestically in industries that are being disrupted by advances in technology and on technology paradigms.”
Rosecliff is led by CEO and board member Michael Murphy, who founded the sponsor company in 2016. Since then, Rosecliff sponsor has made over 80 investments, raised over $800 million in assets under management, launched seven investment funds and experienced multiple portfolio company exits, according to the S-1 filing.
Rosecliff I plans to list on the Nasdaq under RCLF.U. Read more.
