Lamar Partnering today registeredd with the SEC to offer 30 million units, each consisting of one Class A ordinary share and one-fourth of one redeemable warrant. Whole warrants are exercisable at $11.50.
Lamar Partnering said it will target a business in digital media, advertising technology, international advertising, or distributed energy and wireless communications infrastructure.
The SPAC is led by Chairman Sean Reilly, Lamar Advertising’s CEO.
The SPAC plans to apply for a Nasdaq listing under LPCXU. Read more.
