$200M IPO Filed by Glass Houses Acquisition

IPO

Glass Houses Acquisition registered with the SEC today to offer 20 million units priced at $10 each.

The SPAC in the S-1 filing said it intends “to search for a target business that provides critical resources and/or services to the technologies powering the 21st century industrial economy.” Such opportunities include suppliers or extractors of essential and scarce natural resources (lithium, nickel, aluminum, hydrogen, helium and cobalt), electrification and energy transition (fuel cells, generation and storage), resource management (recycling, waste management, energy efficiency and carbon capture) and sustainability solutions (supply chain and logistical management). 

Glass Houses is led by CEO Quincy Fennebresque, a private investor in public and private equities. Since 2016, he has served as a consultant to a number of leading hedge funds and venture private equity firms across a range of different sectors, according to the SPAc’s registration statement. Fennebresque was with Miura Global Management from 2011 to 2015.

The SPAC intends to list on the Nasdaq under GLHAU. Read more.

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