Capitol Investment V today priced its $300M IPO. In its original registration statement the SPAC said it would target companies with solid growth prospects, but was not focused on any specific sector.
The SPAC's previous acquisition target, JHD Holdings, loaned East Stone $2.76 million for two deadline extensions last year on that aborted deal, according to the latest filing.
The new SPAC in the S-1 filed last month said it will draw upon management's experience in marine and IT industries to target a poetntial business combination.