Riverview Acquisition today filed to offer 25 million units at $10 each. A unit consists of one share of Class A common stock and one-half of one warrant. Whole warrants are exercisable at $11.50.
The SPAC in the S-1 filing said it may decide “to target consumer-focused enterprises, including e-commerce, on the renewables and energy services sector, and/or on the insurance and financial services sector.”
Riverview is led by Chairman and CEO R. Brad Martin, a former chairman of Chesapeake Energy Corporation. Martin has served as chairman of RBM Ventures, a private investment company, since 2007.
The SPAC has applied for a listing on the Nasdaq under RVACU. Read more.
