World Quantum Growth Acquisition in an amended S-1 filing said it will offer 20 million units, down from the 30 million units initially registered in May.
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.
Credit Suisse is sole book-running manager of the deal. The underwriter has an option to purchase up to 3 million additional units to cover over-allotments, if any.
World Quantum intends to apply for a listing on the NYSE under WQGA.U.
