With the submission of records of white enterprises at a record pace, one of the new offerings is the spirit of the boom.
Just Another Acquisition Corp filed with the U.S. Securities and Exchange Commission on Tuesday to raise $ 60 million for an acquisition in an unspecified sector.
Thirty trading days a year, 145 new special-purpose procurement firms, or SPACs, were announced in the US – an average of 4.8 per day. At this rate, it will take less than a month before the volume exceeds $ 83 billion last year, which is more than the previous decade combined, according to data compiled by Bloomberg.
Just another acquisition, according to the documentation, will look at targets with a valuation of $ 300 million to $ 1.0 billion, including debt.
Philip Wagenheim, a former managing partner of Broadband Capital Partners LLC, is CEO, CFO and chairman of the SPAC.
Ladenburg Thalmann is the advisor of the offer. Just Another Acquisition wants to trade on the Nasdaq Capital Market under the symbol JAAC.