one, a blank check company led by the co-founder of Eventbrite and other industry veterans targeting the tech sector, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company originally planned to offer units consisting of one share and one-third of a warrant.
The company was formed by CEO Kevin Hartz, the co-founder and Chairman of Eventbrite (EB; -58% from IPO), co-founder of Xoom (2013 IPO; sold to PayPal), and former entrepreneur in residence at Founders Fund; CFO Troy Steckenrider III, the former COO of ZeroDown; and Director Spike Lipkin, the co-founder and CEO of tech-enabled insurance brokerage Newfront Insurance. Chairman Pierre Lamond is currently an investor for Eclipse Ventures and sits on the boards of several private tech companies.
Source: Renaissance Capital – https://www.renaissancecapital.com/IPO-Center/News/70369/Tech-SPAC-one-prices-$200-million-IPO-at-$10