New SPAC: AI Transportation Acquisition Corp. Files for $50M IPO

new-spac

New SPAC: AI Transportation Acquisition Corp. Files for $50M IPO

AI Transportation Acquisition Corp. (NASDAQ:AITR) filed its S-1 last Wednesday afternoon for a $50 million IPO, marking the first SPAC to file for an IPO in March. While the new company may pursue a target in any industry, it intends to focus its search in the transportation field, including but not limited to logistics, new energy
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