Black Dragon Acquisition I in a letter to the SEC said it will withdraw a n offering of 25 million units initially registered in April 2021.
The SPAC had plans to target a business in the e-Commerce, sports & media technology, or payments and financial technology sectors.
Black Dragon I is led by CEO and Director Louis Hernandez, Jr., founder, managing director and CEO of Black Dragon Capital, which he founded in 2013.
The SPAC had applied to list on the Nasdaq, with Cown serving as sole book-running manager. Read more.
