Oaktree Acquisition III registered with the SEC to offer 32.5 million units at $10 each.
The new SPAC will target a business in the industrial and consumer sectors.
Patrick McCaney is Co-CEO and director of Oaktree III. His previous SPAC, Oaktree II, raised $225 million in an IPO last September.
McCaney’s first Oaktree SPAC completed a merger last month with healthcare platform Hims & Hers.
The new SPAC plans to list on the NYSE under OACC.U. Read more.
