LTV Capital Partners I registered with the SEC to offer 21.5 million units at $10 each. A unit consists of one Class A ordinary share and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The underwriters have a 45-day option to purchase 3.225 million units to cover any over-allotments.
The new SPAC in the filing said it intends to partner with high growth technology-enabled platform companies.
LTV is led by Chairman Jeffrey Housenbold, a managing partner at VC firm SoftBank Investment Advisers. CEO Sukhinder Singh Cassidy is the founder and chairman of the Boardlist, a Benefit corporation and talent marketplace aimed at connecting diverse leaders with board and executive opportunities globally. He is also co-founder and Venture Partner of the Diversify Capital Fund, a new growth stage investment fund from Acrew Capital.
The SPAC intends to apply for a Nasdaq listing under LTVAU. Read more.
