Agile Growth registered with the SEC to offer 30 million units at $10 each. Underwriters have an over-allotment option to purchase additional units valued at $45 million.
The SPAC intends to target a business in the technology industry, including pure software and software-enabled businesses such as infrastructure and application software, HCIT, fintech, robotics/automation, and education technology, as well as potential additional software and technology segments.
Agile Growth is led by CEO, CFO and director Jay Bhatt, who most recently served as CEO and lead board member of Alfresco Software.
The SPAC plans to list on the Nasdaq but has not yet selected a ticker symbol. Read more.