Alpha Capital closed its $230 million IPO on the Nasdaq, trading under ASPCU.
The SPAC will use the funds to seek a business combination with a Latin American-focused technology company. Alpha priced the offer last week. Read more.
Mobitech is developing a global digital financial ecosystem to allow consumers and businesses to use mobile devices and the Internet to efficiently perform financial transactions.
The new SPAC in the filing said it is focused on targets in three areas: renewable power generation; power technology, equipment and services companies that focus on the integration of intermittent renewables; and dispatchable energy transition infrastructure.
Merida I also postponed the shareholder vote on the deal, which was set for Friday, to give investors time to evaluate the terms of the additional financing.