Brigantine Acquisition registered with the SEC to raise $600 million through a public offering of 60 million units at $10 each. A unit onsists of one share of our Class A common stock and one-fifth of one redeemable warrant. Whole warrants will be exercisable at $11.50 for a share.
The SPAC in the filing did not identify specific sectors for targeting, noting that “members of our management team have been actively in discussions with potential business combination partners in their capacity as officers of TWC Tech Holdings II, an existing blank check company sponsored by an affiliate of our sponsor,” and may pursue business combination partners that had previously been in discussions with TWC Tech II. Brigantine may also pursue business combination partners that could be in discussions with each of Galliot Acquisition and Bilander Acquisition.
Brigantine is led by serial SPAC executive James H. Greene, Jr., CEO, chairman and director.
The SPAC plans to apply for a Nasdaq listing under BRIGU. Read more.
