Guggenheim Special Purpose Acquisition I Files for $500M IPO

Guggenheim Special Purpose Acquisition I filed with the SEC to offer 50 million units at $10 each.

The new SPAC in the filing said it will pursue an acquisition in the financial services industry. The SPAC’s sponsor is affiliated with blank-check company Gores Guggenheim.

The SPAC is led by CEO and Director Andrew Rosenfield, president of Guggenheim Partners, which he joined in 2004 as a managing partner. Rosenfield is also a professor at the University of Chicago Law School.

The SPAC has applied for a NYSE listing under GGI U. Read more.

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