BCC Investment registered with the SEC to offer 30 million units at $10 each. A unit will consist of one Class A ordinary share and one-fifth of one redeemable warrant, with whole warrants exercisable for a share at $11.50.
The SPAC intends to focus on opportunities primarily in North America, Europe and Asia that complement the sponsor’s and management team’s background, especially companies with an established business model and defensible market position.
BCC Investment is led by Chairman Jeff Robinson, Bain Capital’s managing director of the distressed and special situations group, a portfolio manager of Bain Capital Credit’s distressed and special situations funds and an investment committee member of Bain Capital Credit.
The SPAC said it will apply for a listing on the NYSE under BCIC.U Read more.
