Excolere Acquisition, a SPAC focused on education and human capital technology companies, lowered its proposed offering to 17.5 million shares, down from the 20 million initially registered with the SEC in February.
A unit consists of one share and one-half of a warrant.
The SPAC still intends to apply for a listing on the Nasdaq under EXACU.
Chairman and CEO Anthony Miller in 2019 launched of Excolere Equity Partners, a private investment firm focused on middle-market companies in the education and human capital management industries.
UBS is sole book-runner for the offering. Read more.
