Deep Space Acquisition I registered to offer 21 million units, each priced at $10 and consisting of one share of Class A common stock, one right and one half of a warrant. Each right entitles the holder to receive one-sixteenth of a share. The sponsor has committed to purchasing up to $6.49 million in warrants.
Deep Space plans to focus on space technology, space-related applications, and the integration of space into terrestrial market sectors that are poised to experience rapid growth.
CEO and Director Jose Ocasio-Christian is CEO of both Community in Space and Caelus Partners, a strategic consulting firm focused on space and space-related activities associated with economic development, industrial base growth, and capital markets.
Nomura is sole book-running manager.
The SPAC has applied to list on the Nasdaq under the symbol DPACU. Read more.
