In the prospectus the newly-formed SPAC said it intends to search for technology-focused middle market and emerging growth companies in North, Central and South America. CEO Patrick Orlando is also chief executive of Yunhong International, a SPAC trading on the Nasdaq since January 2020 under symbol ZGYH. Read more.
Related Posts
Aurora Acquisition Files Prelim Proxy on $6.9B Better HoldCo Deal
Announced in May, terms call for Better shareholders to receive $950 million in cash and the remainder in stock of the new company.
KludeIn I Files Investor Presentation on Near Intelligence Deal
The SPAC in December lowered the value of the deal with Near from $675 million (plus the aggregate amount of any equity financing) to $575 million, a reduction of nearly 15%. In return, the SPAC’s sponsor will forfeit 237,500 founder’s shares.
McLaren Technology Acquisition Trims Deal Size 12% Ahead of $175M IPO
Within banking, financial services and insurance, the new SPAC will target companies leveraging AI, ML, digital, technology, and fintech.
Power & Digital Infrastructure II Cuts Minimum Cash Requirement on Montana Technologies Deal by 41%
Montana Technologies' signature offering is AirJoule, a renewable energy and cooling technology.