Aspirational Consumer Lifestyle II Files for $300M IPO

IPO

Aspirational Consumer Lifestyle II registered to offer 30 million units at $10 each.

 The new SPAC said in the filing it would target businesses with premium consumer brands.

The SPAC is led by CEO and Chairman Ravi Thakran, who also serves as chairman and managing partner of Turmeric Capital, a new investment platform focused on investing in technology enabled, consumer lifestyle companies via its Asia 3.0 fund. 

The SPAC plans to list on the NYSE but has not yet selected a ticker symbol. Read more.

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Aries I Acquisition Liquidates

The balance of the trust as of March 8 was approximately $24 million. The SPAC had raised $125 million in a May 2021 IPO, although redemptions ahead of several extension votes whittled down the trust over the last 22 months.