Reinvent Technology Partners Y registered to offer 85 million units at $10 each to raise $850 million for the acquisition of a tech company.
The SPAC is led by LinkedIn founder Reid Hoffman, who is also a former CEO of PayPal, and Mark Pincus, founder of social gaming platform Zynga.
Reinvent Technology Partners Z raised $230 million in a November IPO.
Reinvent Y plans to list on the Nasdaq underr RTPYU. Read more.