New SPAC Crucible Acquisition in an amended IPO prospectus said it will offer 20 million units at $10 each in an IPO to launch early in 2021. The amount of the planned raise is the same as filed in the initial registration two weks ago.
Crucible plans to target businesses in the software technology industry, prioritizing cloud-based recurring revenue business models. Read more.
Related Posts
Nautilus Biotechnology Combining with Arya III in $1.3B Deal
Nautilus is expected to receive $350 million through the business combination, including a $200 million fully committed PIPE
Quantum FinTech Restating Financials to New Accounting for Warrants
The SPAC raised $175 million in a February IPO to target businesses offering technology services to the financial sector.
South Mountain Files Additional Disclosures to Ward Off Potential Legal Action in Billtrust Deal
The SPAC said it was adding the disclosures to avoid the nuisance, cost and distraction of possible litigation.
Portage Fintech Acquisition Prices Upsized $240M IPO
The SPAC will target key verticals such as Wealth and Asset Management, Consumer and SME Finance, Insurance, Payments, Information Services and FinTech Infrastructure.