Brimstone Acquisition Holdings in an SEC filing today disclosed that it has abandoned its planned IPO.
The SPAC had registered in March to offer 25 million units to raise up to $250 million. Brimstone was to focus on companies engaged in consumer products and industrial goods with either all or a substantial portion of their activities in North America or Europe. The SPAC’s President, CEO and Chairman is Michael Goss, who was CFO of Conde Nast until December 2020. Read more.
