Fintech-focused Deep Lake Capital Acquisition offered an additional 3 million units at $10 each to upsize its IPO to $180 million from the $150 million originally anticipated.
In addition to fintech targets, the new SPAC will focus on ecommerce software, and the data and analytics sectors.
Deep Lake is led by Co-founder, Chairman and CEO Mark Lavelle, a former SVP of commerce at Adobe.
Units begin trading today on the Nasdaq under DLCAU. Read more.
