C&W Acquisition registerred with the SEC to offer 25 million units at $10 each. A unit consists of one Class A ordinary share and one-quarter of one redeemable warrant. Whole warrants are exercisable to purchase a share at $11.50.
The new SPAC said it will target proptech and real estate adjacent businesses.
C&W is led by Chairman Brett White, executive chairman and CEO of Cushman & Wakefield.
The SPAC has not selected a market or symbol for trading its units. Read more.
