A special purpose acquisition company connected to Global Client Advisory Group applied for a $175 million initial public offering with U.S. regulators, setting its sights on emerging technology sectors.
The SPAC, named Renatus Tactical Acquisition Corp I, aims to secure capital to pursue investment opportunities in the cryptocurrency, blockchain and data security industries, according to Crowdfund Insider.
The IPO, filed with the U.S. Securities and Exchange Commission, outlines plans to issue units that combine a Class A ordinary share with a half warrant, allowing future share purchases.
RTAC-I’s strategy involves identifying high-growth U.S. …
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