As if to acknowledge the flood of SPAC IPOs surging to market, a new blank-check company named Just Another Acquisition Corp. has registered with the SEC. The SPAC filed to offer six million units at $10 each to raise $60 million for the acquisition of a business in as-yet unspecified target sectors.
Just Another Acquisition Corp. is led by CEO, CFO and Director Philip Wagenheim, who has over 28 years of experience in the financial industry and has served as the managing partner of New York-based Broadband Capital Partners since April 2016. Broadband is a middle-market private equity sponsor focused on growth companies and industry consolidations.
The SPAC plans to list on the Nasdaq under JAAC. Read more.
