Western Acquisition Venutess in an amended S-1 disclosed it now plans to offer 10 million units at $10 each, down from the 15 million iniutially registered for the offering in October.
A unit still consists of of one share of common stock and a warrant.
The SPAC will work to acquire a business with an enterprise value in excess of $500 million. Target sectors may include infrastructure and environmental services; health, wellness and food sustainability; financial technology and financial services; enterprise software and SaaS; and leisure and hospitality.
CEO and Director Stephen Christoffersen is CFO of KushCo Holdings and a board member of XS Financial.
The SPAC intends to apply for a Nasdaq listing under WAVSU. Read more.
