Aries I Cuts Deal Size by Nearly 29% Ahead of $125M IPO

IPO

Aries I Acquisition in an amended S-1 filing today lowered its planned offering to 12.5 million units, down nearly 29 percent from the 17.5 million units the SPAC registered in March.

The SPAC plans to look for opportunities “in certain highly specialized fields within the technology sector across North America, Europe and Asia.”

Aries I is led by Chairman Thane Ritchie, who is is CEO and a board member of Global Investment Capital. 

The SPAC plans to list on the Nasdaq under RAMMU. Read more.

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