World Quantum Growth Acquisition registered with the SEC to offer 30 million units at $10 each. A unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant would be exercisable for one Class A ordinary share at $11.50.
The new SPAC is targeting the FinTech sector in the U.S. and EMEA.
World Quantum is led by CEO, Chairman and Co-founder Xavier Rolet, who was CEO of the London Stock Exchange Group from 2009 to 2017.
World Quantum intends to apply for a listing on the NYSE under WQGA.U. Read more.
