Sunfire Acquisition Withdraws $100M IPO

Sunfire Acquisition today in a letter to the said it is withdrawing an offering of 10 million units that were registered with the regulator in October 2021.

The SPAC had planned to telecommunications, media, and technology industries in the Middle East and Asia.

CEO Thomas Neukranz is CFO and a director of Sagaliam Acquisition, and has served as managing director of capital markets for GLD Partners since July 2020. Prior to joining GLD Partners, Neukranz served as head of capital markets for CleanFund Commercial PACE Capital. Read more

Source: Sunfire Acquisition Withdraws 0M IPO