AltC Acquisition Corp. (ALCC)
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UPDATE 2-Y Combinator's Sam Altman teams up with Michael Klein to launch SPAC looking to raise $1 bln
Y Combinator's Sam Altman is joining forces with veteran Wall Street dealmaker Michael Klein to launch a blank-check firm that is seeking to raise up to $1 billion, according to a regulatory filing...
AltC Acquisition, a blank check company formed by Michael Klein and OpenAI co-founder Sam Altman, filed on Monday with the SEC to raise up to $1.0 billion in an initial public offering.
AltC Acquisition Corp. has filed to go public with an IPO on the New York Stock Exchange (NYSE).
AltC Acquisition is a newly incorporated blank check company formed as a Delaware corporation for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We expect to focus on a target in an industry where we believe our management team and co-founders’ expertise will provide us with a competitive advantage. Our team will be led by our co-founder, Sam Altman... [Read more...]
Blank Checks / SPAC
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