Ledger Acquisition filed to offer 15 million units, each consisting of one Class A ordinary share and one-half of a warrant.
Ledger will focus on fintech-related companies, including those in the blockchain ecosystem, that provide industry-disrupting technology and have a meaningful growth thesis. The SPAC in the filing said it will not consider any company baed in China, Hong Kong or Macau.
Peter Vessenes is chairman and CEO. Her was an early adopter and champion of Bitcoin, according to the SPAC’s S-1 filing, and began mining Bitcoin in 2010. In 2011, Vessenes co-founded CoinLab, the first venture-backed Bitcoin company, as well as the first company to deliver 65nm Bitcoin mining chips at scale.
CLSA and Barclays are joint book-running managers.
Ledger intends to apply for a listing on the Nasdaq under the symbol LEDGU. Read more.
