EF Hutton Acquisition is withdrawing an offering of 12.5 million units, according to a letterr sent to the SEC.
The SPAC, which registered the offering last November, had planned 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 were slated to be joint book-running managers. The SPAC had applied to list on the Nasdaq. Read more.
