Pearl Holdings Acquisition registered to offer 17.5 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a warrant.
The SPAC’s main focus is on a target business in global consumer-focused industries, including companies that participate in the lifestyle, technology, healthcare and wellness sectors.
Chairman and CEO Craig Barnett has been CEO of Meadow Lane since 2014 and its associated broker-dealer and predecessor entities.
Morgan Stanley is sole book-running manager of the IPO.
The SPAC intends to apply for a Nasdaq listing under PRLHU. Read more.
