Crucible Acquisition II abd Crucible Acquisition III filed to withdraw their respective IPOs of $200 million and $350 million. Each had planned to target the software sector.
The companies are led by CEO and Director James Lejeal, who holds the same roles over Crucible’s other SPACs. The first Crucible SPAC raised $225 million in a January 2021 IPO. Crucible II filed for a $200 million IPO in March 2020 the same day as Crucible III. Both were targeting the same market sector, although businesses of different valuations. Read more.