RMG Acquisition III in an amended S-1 filing today increased its planned offer 20 percent to 42 million units from the 35 million units initially anticipated last month.
This is the third SPAC launched Riverside Management CEO James Carpenter and former Carlyle executive Robert Mancini.
RMG III has not identified a specific sector to target, but in the filing noted it will concentrate on companies with enterprise values between $1 billion and $4 billion.
The SPAC intends to list on the on Nasdaq under RMGCU. Read more.
