Jaws Wildcat Acquisition pulled the plug on its planned offering of 25 million units that would have been priced at $10 each.
The SPAC in its initial filing in February 2021 said it would focus on consumer tech businesses in North America and Europe.
CEO Matthew Walters is also the CEO of Jaws Spitfire, which closed a deal last year with VELO3D, and he is COO of Jaws Mustang, which raised $200 million in an IPO a year ago. Walters is also a principal at Jaws, where he directs the private investment strategy with a particular emphasis on the consumer and technology sectors.
Credit Suisse had been tapped as sole book-runner. Read more.