Former Restaurant Execs Seek $230M For SPAC
PYMNTS
OCTOBER 7, 2020
The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according to a filing with the Securities and Exchange Commission (SEC). The document says it intends to sell 23 million shares at $10 per share. to focus on the quick-service sector.
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