Three InterPrivate-backed SPACs aim to raise $650 million in IPOs
By Reuters Staff 2 Min Read (Reuters) - Three blank-check firms, backed by private equity firm InterPrivate LLC, are looking to raise as much as $650 million in their initial public offerings, regulatory filings showed on Wednesday. InterPrivate II Acquisition Corp, InterPrivate III Financial Partners Inc and InterPrivate IV InfraTech Partners Inc aim to raise $200 million, $200 million and $250 million, respectively, by selling units on the New York Stock Exchange and Nasdaq. The special purpose acquisition companies (SPACs) said they would seek to take public companies with an enterprise va...
Source: reuters.com