12 New SPACs Filed Offerings On Friday: What Investors Should Know

Venture Capitalist Brad Feld is the Chairman of the SPAC with his firm Foundry Crucible notable for early investments in companies like Fitbit Inc FIT and Zynga Inc ZNGA.

Locust Walk Acquisition Corp: Targeting the health care industry, this $130 million SPAC will focus specifically on companies in the life sciences field in the United States and Europe. The units will include one-third of a warrant. Common shares will trade as LWAC on the Nasdaq.

VectoIQ Acquisition Corp II: The second SPAC from the team that brought Nikola Corporation NKLA public will be coming soon. The SPAC is seeking to raise $300 million with units that will include one-third of a warrant.

The SPAC is targeting a company in the industrial technology, transportation or smart mobility sectors. Several former General Motors Corporation GM executives are attached to the SPAC.

Shares will trade as VTIQ on the Nasdaq.

Bright Lights Acquisition Corp: Targeting the consumer products, media, entertainment, and sports sectors, this SPAC is seeking to raise $200 million. Units will include one half of a warrant. Common shares will trade as BLTS on the Nasdaq.

The company has leaders that worked with companies like Dick Clark Productions, MGM, TV Guide Network, Six Flags, News Corporation, and Walt Disney Company DIS.

One of the leaders in this SPAC launched Celebrands in 2020 to target early-stage celebrity consumer brand partnerships. The company helped sell Aviation Gin, a spirits brand from Ryan Reynolds, to Diageo DEO.

The team also founded Mosaic Media Group, a talent agency that works with Will Ferrell, Jim Carrey, and Green Day. Grammy-winning musician Ciara is a member of the SPAC’s Board of Directors.

Rotor Acquisition Corp: This SPAC is seeking to raise $200 million with units that will include on half of a warrant. Common shares will trade as ROT on the NYSE.

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