Brimstone Acquisition Holdings registered today with the SEC to offer 25 million units, each consisting of one share of Class A common stock and one-fourth of one redeemable warrant. Units would be offered at $10. Whole warrants will be exercisable at $11.50 for a share.
The SPAC intends to focus on companies engaged in consumer products and industrial goods with either all or a substantial portion of their activities in North America or Europe.
Brimstone is led by President, CEO and Chairman Michael Goss, who was CFO of Conde Nast until December.
The SPAC plans to list on the NYSE under BRIM.U. Read more.
