CEA Space Partners I registered with the SEC to offer 25 million units at $10 each. A unit consists of one share of Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The SPAC intends to target companies in the space economy and adjacent verticals with enterprise values of at least $1 billion.
CEA Space Partners is led by Co-Chairman and CEO Edward Horowitz, founder and chairman of EdsLink, a VC firm focused on space, technology, media and telecom opportunities.
The SPAC said it has applied to list on the NYSE under CEAS.U. Read more.
