Transformational CPG Acquisition in a letter to the SEC said it is withdrawing an offering of 30 million units that were registered in March 2021.
The SPAC in its original S-1 filing said it planned to target companies engaged in consumer products, including packaged food, beverage, beauty and personal care, consumer durables and vitamins, minerals and supplements.
Transformational CPG is led by CEO and Director Daryl Brewster, whose career includes top executive roles at Brookside Management, Krispy Kreme, Kraft, Planters and managing director of U.K. operations for Campbell’s.
The SPAC had planned to apply for a Nasdaq listing with J.P. Morgan, BofA Securities and Nomura tapped as joint book-running managers. Read more.
