Capitol Investment VI in a letter to the SEC withdrew its plan to offer 20 million units at $10 each to raise capital for the acquisition of a business in any sector with the potential for growth.
Chairman Mark Ein is founder and CEO of Venturehouse Group and President of Leland Investments. President, CFO, and Director Dyson Dryden is founder and president of Dryden Capital Management.
Management’s previous five SPACs all completed mergers, most recently Capital Investment V, which closed a deal with real estate title company Doma last July.
Citigroup and Deutsche Bank were set to be co-managers of the offering.
The SPAc had planned to list on the NYSE. Read more.
