Falcon Capital Acquisition II in an SEC filing said it will withdraw a planned offering of 40 million units at $10 each. The SPAC initially filed the offering in March 2021.
Led by CEO and Chairman Alan Mnuchin, CEO of Ariliam Group, a principal investment and strategic consulting firm, Falcon Capital II had planned to pursue a target in the media, entertainment and sports sectors.
His team’s previous SPAC closed a merger with Sharecare in July 2021. Read more.
