7 Acquisition closed its IPO of 23 million units, including 3 million units sold to the underwriter through the full exercise of the over-allotment option. Units trade on the Nasdaq under SVNAU.
The SPAC said in its initial filing with the SEC that it will target companies providing environmental, business and/or infrastructure products and services that will contribute to a more sustainable future.
Goldman Sachs is sole book-running manager for the offering. Read more.