Red Cell DRM Acquisition Corp. (RCDA)
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Red Cell DRM Acquisition, a blank check company targeting businesses driving the electrical power grid transition, filed on Thursday with the SEC to raise up to $250 million in an initial public offering.
Red Cell DRM Acquisition Corp. has filed to go public with an IPO on the NASDAQ.
Red Cell, our sponsor, and we, aim to close the gap between high value technologies and our best entrepreneurs on the one hand, and our defense and intelligence (“D&I”) needs on the other hand, to deliver outsized returns for our stockholders and major advances in our nation’s security. We approach the national security domain broadly as—Defense, Resiliency and Mobility (“DRM”). Our initial business combination strategy is to capitalize on companies exploiting inexorable technology trends in DRM, including growth markets characteriz... [Read more...]
Blank Checks / SPAC
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