Software Acquisition Group III filed with the SEC to raiuse $200 million through an offer of 20 million units at $10 each.
The SPAC in the S-1 filing said it will concentrate on software companies, especially those targeting enterprise vertical sectors owned by private equity and venture capital firms as well as corporate carve-outs.
The new SPAC is led by Chairman, CEO and CFO Jonathan Huberman, who also leads Software Acquisition Group II, which raised $172.5 million in an IPO last fall and earlier this month entered into a definitive merger agreement with Otonomo Technologies.
The SPAC said it has applied for a Nasdaq listing under SWAGU. Read more.
