Global Consumer Acquisition registered with the SEC to offer 20 million units at $10 each.
The new SPAC will target companies in the consumer products and services sectors.
The SPAC is led by Co-Chairman, CEO and CFO Rohan Ajila, who since January 2016 has been serving as the managing partner of FIDES Business Partner, a private equity firm based in Zurich.
The SPAC has applied for a Nasdaq listing under GACQU. Read more.