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Science Strategic Acquisition Bravo, the second blank-check company launched by venture company Science Inc. to focus on consumer technology, on Tuesday withdrew plans for an initial public offering. The company has applied to raise $200 million in March 2021 by selling his 20 million units, consisting of one share of common stock and a quarter of a warrant, for $10. rice field.
The company was set up to be led by CEO and Chairman Michael Jones, CFO Thomas DerWhen President Peter PhamHe co-founded the studio and venture fund Science Inc., where he has been Managing Director since 2011. , mobile & social entertainment.
Other SPACs in the group include an IPO in January 2021 Science Strategic Acquisition Alpha (SSAAU; -1% off the $10 offer price), still looking for a target. science strategic acquisition charlie (SCICU) and Science Strategic Bravo withdrew at the same time.
The Santa Monica, Calif.-based company will be incorporated in 2021 and will be listed on the Nasdaq under the symbol SCIBU. Credit Suisse was to be the sole bookrunner for the deal.
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