Venice Brands Acquisition I in a letter to the SEC said it is wirhdrawing an offering of 15 million units initially registered with the regulator a year ago.
At the time of the original filing, the SPAC cited potential targets as North American businesses in the consumer sectors, including food and beverage, health and wellness, beauty and personal care, and pet products and services.
The SPAC is led by CEO and Director Gregory Willsey, founder and owner of Venice Brands.
Venice Brands had planned to apply for a listing on the NYSE with Jefferies tapped to serve as sole book runner. Read more.
