CEA Space Partners I in a letter to the SEC said it is withdrawing an offering of 25 million units initaly registere in March 2021.
The SPAC had planned to target companies in the space economy and adjacent verticals with enterprise values of at least $1 billion.
CEA Space Partners is led by Co-Chairman and CEO Edward Horowitz, founder and chairman of EdsLink, a VC firm focused on space, technology, media and telecom opportunities.
The SPAC had applied to list on the NYSE under CEAS.U with Goldman Sachs tapped as sole book-running manager. Read more.