10X Capital Venture Acquisition III Files for $350M IPO

IPO

10X Capital Venture Acquisition III registered today with the SEC to offer 35 million units at $10 each.

The SPAC in the filing said it will target “high growth technology and tech-enabled businesses domestically and abroad in the consumer internet, ecommerce, software, healthcare, transportation / mobility and financial services industries, as well as other industries that are being disrupted by advances in technology and on technology paradigms including artificial intelligence (“AI”), automation, data science, ecommerce and Software-as-a-Service (“SaaS”).”

10X II is led by CEO Hans Thomas, who founded 10X Capital in January 2004 and has been CEO ever since. He is also chairman of 10X Capital subsidiary Growth Technology Partners and chairman of 10X Capital Partners, a FINRA-registered investment adviser. 

His first 10X SPAC last month reached a merger agreement with REE Automotive.

The SPAC plans to list on the NYSE under VCXB.U. Read more.

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