Henley Park Acquisition registered to offer 17.5 million units at $10 each. A unit consists of one share and one-half of a warrant.
The SPAC’s focus is on the automation, connectivity, electrification, and smart mobility (ACES) sectors.
Henley Park is led by CEO and Director Miguel Payan, previously a Ford Smart Mobility senior executive.
Maxim is sole book-running manager. The underwriter has an option to purchase up to 2.625 million additional units to cover over-allotments, if any.
The SPAC intends to apply for a NYSE listing under HPACU. Read more.