7 Acquisition Completes $230M IPO

 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

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