Horizon Acquisition Corporation III registered with the SEC to offer 50 million units at $10 each. A unit consists of one Class A ordinary share and one-fourth of one redeemable warrant; whole warrants exercisable at $11.50.
Horizon Acquisition III is led by CEO, CFO, and Director Todd Boehly, co-founder and CEO of Eldridge Industries. His second SPAC, Horizon II is in a pending merger with Sportradar at a $10 billion valuation. Boehly’s first Horizon SPAC is reportedly in merger talks with Vivid Seats.
The SPAC said it will apply for a listing on the NYSE under HZNA.U. Read more.
