Simon Property Group Acquisition Holdings registered with the SEC for an IPO of 30 million units at $10 each.
The new SPAC intends to target retail real estate. Sponsor Simon Property Group is the largest REIT in the world.
The SPAC is led by Chairman David Simon, who has served as chairman of SPG since 2007, CEO of the company and its predecessor since 1995 and President of SPG since February 2019.
The SPAC will apply to list on the NYSE under SPGS.U. Read more.
