Revolution Acceleration Acquisition II, a SPAC led by former US Congressman John Delaney, pulled the plug on a planned offering of 25 million units. The initial SEC registration was in March 2021.
Delaney, a Maryland Democrat, is CEO of the SPAC. He represented Maryland’s 6th District in the House from 2013-2019, leaving office to mount a a brief campaign for president, which he ended in January 2020.
Revolution Acceleration II was focused on targets engaged in innovation, government policy, and regulation.
The SPAC had planned to apply for a Nasdaq listing with Credit Suisse serving as sole book-runner of the offering. Read more.
