Accelerate Acquisition filed today with the SEC to offer 40 million units at $10 each.
The SPAC in the filing said it will target the industrial, transportation & mobility, consumer and retail sectors for a business combination.
Accelerate is led by Chairman and CEO Robert Nardelli, whose 25year career at General Electric included a series of leadership roles at GE, eventually leading GE Appliances, GE Transportation, and GE Power Systems.
The SPAC plans to list on the NYSE under AAQCU. Read more.
