Tech-focused Abri SPAC 2 registered to offer 10 million unts at $10 each. A unit consists of one share of common stock, a warrant, and one right to receive one-tenth of a share upon the consummation of a merger.
The sponsor last year bought 2.875 million shares for $25,000.
Th SPAC’s acquisition focus is on companies engaged in disruptive technological innovation with the ability to leverage IP content and data.
Chairman and CEO Jeffrey Tirman founded Abri Advisors Ltd, in Bermuda in 2016 and Abri Advisors (UK) Ltd. in the United Kingdom in 2020 to invest across a variety of asset classes.
Abri 2 plans to apply for a listing on the Nasdaq under the symbol ASPPU, with Chardan serving as sole book-runner on the offering. Read more.