Intrepid Acquisition Corporation I registered to offer 20 million units at $10 per unit, with each consisting of one share and one-half of a warrant.
The new SPAC is focused on companies in the energy, natural resources and environmental and water infrastructure industries in North America.
Chairman and CEO Robert P. Jornayvaz III was one of the co-founders of Intrepid Mining.
Cowen and Intrepid Partners are joint book-runners for the offering.
The SPAC intends to list on the Nasdaq under the symbol IACIU. Read more.