7 Acquisition registered to offer 20 million units at $10 each, with each unit consisting of one Class A ordinary share and one-half of a warrant.
The SPAC said it will target companies that provide environmental, business and/or infrastructure products and services that will contribute to a more sustainable future.
7 Acquisition is led by Chairman Craig Cogut, who founded Pegasus Capital Advisors in 1996 and serves as chairman and CEO. Pegasus is a private alternative asset management firm.
Goldman Sachs is sole book-runner. The underwriter’s over-allotment option convers the purchase of up to 3 million additional units.
The SPAC has applied to list on the Nasdaq under SVNAU. Read more.
