Learn CW Investment registered with the SEC to offer 25 million units, each consisting of one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The new SPAC in the filing said it will target businesses in the EdTech industries.
The SPAC’s sponsor is an affiliate of Learn Capital and Commonwealth Asset Management Founded in 2008, Learn Capital is a VC firm focused on early-stage and mid-stage investments in the $5.4 trillion global education sector. Commonwealth Asset Management Holdings is a Los Angeles-based platform founded in 2019 and led by Adam Fisher, the SPAC’s president and the former Head of Global Macro and Real Estate at Soros Fund Management.
The SPAc plans to apply for a NYSE listing under LCW.U. Read more.