Atlas Crest Investment V filed with the SEC to offer 20 million units at $10 each.
Atlas Crest V in the filing does not cite any specific sectors it may target for a business acquisition, noting that the new blank-check company will focus on an industry that complements the management team’s experience.
Atlas Crest I is in a pending $3.8 billion business combination with Archer Aviation.
The new SPAC is led by Chairman Kenneth Moelis, who oversees Atlas Crest SPACs I-V, and is chairman and CEO of independent investment bank Moelis & Company.
The SPAC has applied to list on the NYSE under ACCV.U. Read more.
