TAMPA, Fla. - A shell company chaired by venture capitalist Raphael Roettgen began trading on the Nasdaq stock exchange Jan. 28 after raising $200 million to pursue a merger with a space-related business. Space Asset Acquisition Corp., a special purpose acquisition company (SPAC) that offers a fast-track to the public markets for firms seeking capital, [] The post Space-focused SPAC goes public after pricing $200 million IPO appeared first on SpaceNews.
TAMPA, Fla. - A shell company chaired by venture capitalist Raphael Roettgen began trading on the Nasdaq stock exchange Jan. 28 after raising $200 million to pursue a merger with a space-related business. Space Asset Acquisition Corp., a special purpose acquisition company (SPAC) that offers a fast-track to the public markets for firms seeking capital, [] The post Space-focused SPAC goes public after pricing $200 million IPO appeared first on SpaceNews.
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