EF Hutton Acquisition filed with the SEC to offer 12.5 million units at $10 each. A unit consists of one share and one-half of a warrant.
The new SPAC plans to focus on companies within the consumer and retail industry.
Chairman and CEO Benjamin Piggott has has been a partner at EF Hutton since its inception. Prior to joining EF Hutton, Piggott was head of corporate development at Laird Superfood a plant-based, omni-channel natural food company based in Sisters, OR.
Wells Fargo and Roth are joint book-running managers.
The SPAC has applied to list on the Nasdaq under EFHTU. Read more.
