Stratim Cloud Acquisition file with the SECD to offer 25 million units at $10 each.
The new SPAC will target companies involved in cloud infrastructure software; software as a service (SaaS) consumer and enterprise applications; and security software.
Stratim is led by Chairman and CEO Sreekanth Ravi, who is currently executive chairman of RSquared AI, an artificial intelligence enabled workforce analytics software company that he founded in 2018.
The SPAC plans a Nasdaq listing under SCAQ.U. Read more.
