Petra Acquisition, Inc. (PAICU) Downsizes to $75M

It’s the second downsize this week. In another sign the bifurcation among teams in the SPAC market is growing, Petra Acquisition, Inc. (PAICU), re-filed their S-1 this morning with a downsize to $75 million.  However, keep in mind that Petra originally filed as a $125 million, 1/2 warrant, 24 months, $10.00 in trust SPAC.  They
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