5G Edge Acquisition registered with the SEC to offer 30 million units, each consisting of one share of Class A common stock and one-third of one redeemable warrant; whole warrants exercisable at $11.50.
The new SPAC will target companies within the TMT sector such as software, fixed and wireless communications, networking, security and leading-edge technology market segments engaged in 5G technologies.
5G Edge is led by Chairman Douglas Maine, a senior advisor to Brown Brothers Harriman & Co.
The SPAC has applied for a Nasdaq listing under ARKEU. Read more.
