Global Blockchain Acquisition registered to offer 15 million units at $10 each, with each unit consisting of one share, one right to receive a tenth of a share, and a warrant.
This is the 7th SPAC to register for an IPO this month.
The new SPAC plans to pursue targets focused on blockchain infrastructure, blockchain applications, and related technologies, especially companies in North America, Europe and/or Asia that are developing assets in the FinTech, MedTech, Internet of Things, Media, Education, Education, Enterprise, and, blockchain Enabled Verticals.
CEO, President and Director Max Hooper is general partner & managing director of Global Blockchain Ventures, a venture capital fund specializing in growth companies using blockchain technology. Dr. Hooper also co-founded Equity Broadcasting Corporation, a media company that owned and operated over 100 television stations across the United States.
The SPAC intends to apply for a Nasdaq listing, with units, shares, rights and warrants trading under the symbols GBBKU, GBBK, GBBKR and GBBKW, respectively.
I-Bankers is sole book-running manager. Dawson James Securities is co-manager of the offering. Read more.
