Welsbach Technology Metals Acquisition registered to offer 7.5 million units at $10 each and consisting of one share and one right to receive one-tenth of a share. The SPAc has loced into a 15-month deadline to close a deal.
The sponsor has committed to purchasing units up to $3.475 million.
Welsbach plans to focus on targets in the Technology Metals and ETMs sectors, excluding China, Hong Kong and Macau.
Daniel Mamadou is CEO of Welsbach Holdings, a technology metals specialist advisor and merchant bank, which Mamadou founded in January. From January 2015 to December 2020 he led Talaxis as executive director.
The SPAC has applied to list on the Nasdaq under WTMAU. Read more.
