Silverman Acquisition I registered with the SEC to raise $250 million through an offer of 25 million units, each consisting of one share of Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The SPAC is targeting the consumer and business services sectors, where significant technological disruption and innovation is affecting a fundamental shift in demand across industries.
Silverman I is led by CEO and Director Henry R. Silverman, managing member of 54 Madison Partners and a managing member of Athos Capital Partners.
The SPAC said it has applied for a listing on the NYSE under SACQ.U. Read more.
