Embrace Change Acquisition in an 8-K filing said it raised $73,928,550 from its IPO and EF Hutton’s partial exercise of an over-allotment option — about $8.93 million of the total. The sponsor acquired shares totaling $3,737,500 in a private placement.
The SPAC has not identified any specific sectors it may target, but said it would not do a deal with any China-based company. Read more.
