Atlas Crest Investment III Files for $600M IPO

Atlas Crest Investment

Atlas Crest Investment III registered with the SEC to offer 60 million units at $10 each.

Atlas Crest III in the filing does not cite any specific sectors it may target for a business acquisition, noting that the new blank-check company will focus on an industry that complements the management team’s experience.

Atlas Crest I is in a pending $3.8 billion business combination with Archer Aviation.

The new SPAC has applied for a NYSE listing under ACCC.U. Read more.

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YHN Acquisition I Files for $60M IPO

YHN said it will draw on management's experience to form a business combination "that has a competitive advantage in the core business and is positioned to bring in high returns and long-term sustainable growth." The SPAC's sponsor is predominantly controlled by a Hong Kong national. YHN said it may pursue an initial business combination with a company located or doing business in China (including Hong Kong and Macau),