SPAC IPO

The SPAC intends to identify promising opportunities in the life science technology sector.

The new SPAC intends to acquire a technology business which addresses large and acute market needs or pain-points via the application of software or technology-enabled business models.

Mercury Ecommerce intends to focus its search for a target business or businesses in the e-commerce technology and tech-enabled services industry in North America.

The SPAc will concentrate on Fintech targets.

The SPAC intends to focus on companies in the healthcare industry in the United States.

The company said it will target businesses valued at between £5m and £30m ($6.9 million - $41.4 million) with profit potential.

The tech-focused SPAC said it will target high-growth technology and tech-enabled businesses in sectors such as e-commerce, software, and digital media. 

The SPAC will target key verticals such as Wealth and Asset Management, Consumer and SME Finance, Insurance, Payments, Information Services and FinTech Infrastructure.

The SPAC also has forward purchase agreements with institutional investors that provide for the aggregate purchase of at least $50 million of additional Class A common stock at the IPO price.

The SPAC intends to target companies in the advanced manufacturing and advanced materials technology sectors.