Build Acquisition registered with the SEC to raise $200 milolion through an offer of 20 million units at $10 each.
The new SPAC said it will target SaaS, infrastructure software and services, and fintech companies.
The SPAC is led by Chairman and co-CEO A. Lanham Napier, and co-CEO Zeynep Young. Napier is CEO and co-founder of BuildGroup. Young was CEO of Calytera, a Texas-based government technology company acquired last year by Granicus.
The SPAC said it would apply for a NYSE listing under BGSX.U. Read more.
