APx Acquisition I registered to offer 15 million units, each consisting of one share and one-half of a warrant.
The new SPAC intends to focus on companies in a Spanish-speaking Latin American country (“SSLA”) or companies outside a SSLA that provide goods and services to Spanish speaking markets.
CEO and Chairman Daniel Braatz has founded or co-founded a number of companies, including FHipo, a MREIT with over $1.4 billion in AUM, and VACE Partners, a company providing specialized financial services.
BofA is sole book-runner for the offering.
The SPAC has applied for a listing on the Nasdaq under APXIU. Read more.