Good Commerce Acquisition registered with the SEC to offer 20 million units at $10 each. A unit consists of one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The new SPAC intends to focus on apparel & accessories, wellness, home accessories, and other next-generation lifestyle brands and companies.
Good Commerce is led by Chairman and CEO Art Peck, an investor and partner at The Great, a women’s apparel and lifestyle brand, and an investor and board advisor for Community Grains. He is also a past president and CEO of clothing retailer Gap.
The SPAC plans to apply for a Nasdaq listing but has not yet selected a ticker symbol. Read more.
