Mistico Acquisition registered with the SEC to offer 40 million units at $10 each.
A unit consists of one share of our Class A common stock and one-fifth of one redeemable warrant. Whole warrants are exercisable for a share at $11.50.
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. Mistico may also pursue business combination partners that could be in discussions with each of Galliot Acquisition, Bilander Acquisition and Brigantine Acquisition, each sponsored by an affiliate of Mistico’s sponsor. All are in the process of engaging in an IPO.
Mistico is led by serial SPAC executive James H. Greene, Jr., CEO, chairman and director.
The SPAC intends to apply for a Nasdaq listing under TWCMU. Read more.
