Roth CH Acquisition II today in an 8-K filing disclosed it has signed a mutually exclusive non-binding letter of intent with a target company for a potential business combination.
The SPAC raised $100 million in a December IPO. At the time the SPAC said it planned to target the business services, consumer, healthcare, technology, wellness or sustainability sectors.
Roth Capital’s first SPAC inked a deal in November to merge with PureCycle. Read more.