Semper Paratus Acquisition rregistered with the SEC to offer 30 million units, each priced at $10 and consisting of one Class A ordinary share and one-half of a warrant.
The new SPAC said it will pursue an acquisition opportunity in the transportation, supply chain and logistics industry in any stage of the target’s corporate evolution.
Semper Paratus is led by Executive Chairman Richard Peretz, who is on the board of SPACs Tribe Capital Growth I and Tribe Capital Growth II, as well as for Electric Last Mile, an EV company that combined with blank-check firm Forum Merger III in June. He is a director nominee for Altus Power, a clean energy C&I company. Peretz also serves as a venture partner for Playground Global, an early-stage investment firm.
Cantor is sole book-running manager. The underwriters’ over-allotment option covers to purchasse of up to 4.5 million additional units.
Semper Paratus intends to apply for a Nasdaq listing under LGSTU. Read more.
