Inflection Point Acquisition registered with the SEC to offer 30 million units at $10 each.
The new SPAC said it will focus on North American and European businesses in the consumer and technology sectors.
Inflection Point is led by Executive Chairwoman Paula Sutter, whose career began more than 25 years ago at the Donna Karan Company where she held a variety of roles. Sutter currently serves on the board of ThredUp, a re-commerce platform backed by Goldman Sachs and Park West.
The SPAC plans to list on the Nasdaq under IPAXU. Read more.
