Bridgepoint Partners’ SPAC 1.12 Acquisition filed with the SEC to withdraw its IPO of 35 million units at $10 each.
The SPAC, which initially filed in March, had planned to target fintech companies, including those in financial services, technology, software, data, analytics and asset management.
1.12 Acquisition is led by Founder and Chairman Frank Martire, Jr. He has served as a director of Foley Trasimene Acquisition since May 2020 and Trebia Acquisition since February 2020. In addition, he has served as a director of Cannae Holdings since November 2017. Read more.
