Galliot Acquisition Files for $250M IPO

Galliot Acquisition, a new SPAC formed by PE firm True Wind Capital, registered with the SEC to offer 25 million units at $10 each.

In the filing the SPAC said, “members of our management team have been actively in discussions with potential business combination partners in their capacity as officers of TWC Tech Holdings II, an existing blank check company sponsored by an affiliate of our sponsor, and we may pursue business combination partners that had previously been in discussions with TWC Tech Holdings II Corp.’s management team. We may also pursue business combination partners that could be in discussions with Bilander Acquisition Corp., a blank check company sponsored by an affiliate of our sponsor, which is in the process of engaging in an initial public offering.”

Galliot is led by CEO, Chairman and Director James Greene, Jr., who is chairman of TWC Tech Holdings II, chairman of Nebula Caravel Acquisition and CEO, chairman and director of Bilander Acquisition. Greene is a founding partner of True Wind Capital.

The SPAC plans to list on the Nasdaq under TWCGU. Read more.

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