SOAR Technology Acquisition Files for $250M IPO

SOAR Technology Acquisition registered with the SEC to offer 25 million units to the public at $10 per unit.

The tech-focused SPAC in the S-1 filing said it intends “to partner with a scalable growth company that benefits from secular tailwinds, has a competitive market position, attractive unit economics, and a proven management team.”

SOAR is led by CEO and Chairman Jonathan Poulin, who has served as founder and managing partner of JPK Capital Management, his family office, since 2017. Previously, Poulin was vice president of Airbnb’s global luxury business from 2017 to 2019. 

The SPAC expects to list on the NYSE under FLYA.U. Read more.

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