RMG Acquisition VII registered to offer 72.5 million units at $10 each.
This is the seventh SPAC (and the third in the last week) launched by Executive Chairman D. James Carpenter, founder and CEO of Riverside Management Group, and CEO Robert Mancini, a former Carlyle Group managing director.
RMG VII has not selected a specific sector to target. The management team’s first two RMG SPACs reached merger agreements with power companies.
The SPAC said it will apply for a Nasdaq listing under RMGG. Read more.
