Stratim Cloud Acquisition Corp. (SCAQ)
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SPAC Stratim Cloud Acquisition, led by SonicWALL founder Sreekanth Ravi, files for a $250 million IPO
Stratim Cloud Acquisition, a blank check company led by the founder of SonicWALL targeting software, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering.
Stratim Cloud Acquisition Corp. has filed to go public with an IPO on the NASDAQ.
Stratim Cloud Acquisition is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar transaction with one or more businesses. While efforts to identify a target business may span many industries, our focus will be predominantly within the technology industry and specifically on: (i) cloud infrastructure software; (ii) software as a service (SaaS) consumer and enterprise applications; and (iii) security software. Sreekanth Ravi has be... [Read more...]
Blank Checks / SPAC
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