Just Another Acquisition filed today with the SEC to withdraw its planned $60 million IPO — precisely one year and a day after initially filing a registration for the offer.
The SPAC had filed to offer six million units at $10 each for the acquisition of a business in unspecified target sectors within the $300 million to $1 bilion range. No warrants were included in the deal.
Just Another Acquisition is led by CEO, CFO and Director Philip Wagenheim, who has served as the managing partner of New York-based Broadband Capital Partners since April 2016. Broadband is a middle-market private equity sponsor focused on growth companies and industry consolidations.
The SPAC had planned to list on the Nasdaq. Read more.