Cain Acquisition Files for $250M IPO

Cain Acquisition registered today with the SEC to offer 25 million units at $10 each.

The new SPAC in the filing said it will target a business within experiential hospitality, location-based entertainment and real estate, particularly targets that have a strong brand and service offerings.

The SPAC is led by Chairman, CEO and CFO Jonathan Goldstein, also CEO of Cain International, which he co-founded in 2014. The privately held real estate investment firm has overseen $5.9 billion of debt and equity transactions in Europe and the United States, according to the S-1 filing.

The SPAC has applied for a Nasdaq listing under CAINU. Read more.

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