Z-Work Acquisition filed today with the SEC to offer 20 million units at $10 each for a $200 million IPO.
According to the filing, the new SPAC was “created to take advantage of transformative macro and micro trends occurring domestically and internationally, driven by the impact of technology on how work is executed, facilitated and enhanced. We believe that this focus will allow us to identify many high growth-potential, tech-driven and tech-enabled targets.”
Z-Work is led by Executive Co-Chairman Doug Atkin, an investor, analyst, founder and senior executive in the financial technology industry for over 25 years. He is currently co-founder and managing partner at Communitas Capital, a venture fund he launched in 2018 with Tom Glocer (former CEO of Reuters) and Duncan Niederauer (former CEO of NYSE)
The SPAC plans to list on the Nasdaq under ZWRKU. Read more.
