Intrepid Acquisition I in a letter to the SEC said it is withdrawing an offering of 20 million units initially registered in January.
The SPAC had planned to focus on companies in the energy, natural resources and environmental and water infrastructure industries in North America.
Chairman and CEO Robert P. Jornayvaz III was one of the co-founders of Intrepid Mining, which now operates as Intrepid Potash.
Cowen and Intrepid Partners were serving as joint book-runners for the offering.
The SPAC had planned to list on the Nasdaq. Read more.
