Enterprise 4.0 Technology Acquisition registered to offer 25 million units at $10 each. A unit consists of one share and one-half of a redeemable warrant.
The new SPAC is focused on cloud-native companies engaged in digital transformation, including AI, intelligent automation and data access.
The SPAC is led by CEO and Director Eric Benhamou, founder and general partner of Benhamou Global Ventures, a venture firm that invests in Enterprise 4.0 companies.
Cantor and Mizuho Securities are jhoint book-running managers. The underwriters have an option to purchase up to an additional 3.75 millioon units to cover over-allotments, if any.
The SPAC has applied for a Nasdaq listing under ENTFU. Read more.
