Trajectory Alpha Acquisition registered with the SEC to offer 15 million units at $10 each.
The new SPAC said it will pursue a combination with a “disruptive, technology-driven business that leverages its unique IP and proprietary data to develop a sustainable competitive advantage and, in turn, dislodge slower moving incumbents in the target’s selected end markets.”
Trajectory Alpha is led by Executive Chairman and CEO Peter Bordes, whose morethan 30 years of experience as an entrepreneur, chief executive officer, investor and board member includes roles at multiple private and public media, ad tech and technology companies. Since May 2012, he has been the managing partner of Trajectory Capital, a family office investment fund focused on disruptive innovation in private and public companies.
The SPAC said it will apply for a NYSE listing under TCOA.U. Read more.