The new SPAC intends to combine with prospective targets that are focused on blockchain infrastructure, blockchain applications, and related technologies with an equity valuation ranging from $300 million to $3 billion. Global Blockchain is led by CEO and President Max Hooper, CFO Jonathon Morris and Chairman David Metcalf.
Total SPAC deal count for 2022 year-to-date is now 65. This offering is expected to close on Thursday, May 12.
I-Bankers Securities, Inc. is acting as the sole book-running manager of the offering and Dawson James Securities, Inc. is acting as co-manager of the offering. ArentFox Schiff LLP is serving as Issuer’s Counsel with Shearman & Sterling LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PCP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.