Murphy Canyon Acquisition, saying it filed an IPO registration withdrawal in error, filed again to withdraw the withdrawal. The initial request to withdraw a $150 million offering landed on the SEC’s Edgar system yesterday, followed by a corrected filing today. Also yesterday, the SPAC filed notice that it had been approved for listing on the Nasdaq ahead of the planned offering of 15 million units.
The SPAC intends to raise capital for the acquisition of a business in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space, or proptech.
CEO, President and Chairman Jack Heilbron has served as a director, CEO and president of Presidio Property Trust. Heilbron also was chairman, CEO and president of NetREIT Dubose, and has served as CEO and/or president of NetREIT Advisors, Dubose Advisors and NTR Property Management. Read more.
