---
title: "Financial services SPAC ClearThink 1 Acquisition prices upsized $165 million IPO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276659588.md"
description: "ClearThink 1 Acquisition, a SPAC backed by ClearThink Capital, has upsized its IPO to $165 million by offering 16.5 million units at $10 each. Each unit includes one share of common stock and one-fifth of a right to receive a share upon a business combination. Led by CEO William Brock, the company aims to target financial services in the US and developed countries, focusing on firms with growth potential. It plans to list on Nasdaq under the symbol CTAAU, with D. Boral Capital as the sole bookrunner."
datetime: "2026-02-23T23:57:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276659588.md)
  - [en](https://longbridge.com/en/news/276659588.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276659588.md)
---

# Financial services SPAC ClearThink 1 Acquisition prices upsized $165 million IPO

ClearThink 1 Acquisition, a blank check company backed by ClearThink Capital targeting financial services in the US and other developed countries, raised $165 million by offering 16.5 million units at $10. Each unit consists of one share of common stock and one-fifth of one right to receive a share upon the consummation of an initial business combination; the company had originally filed to offer units with one-tenth rights, but sweetened the terms of the offering at the time of pricing.

ClearThink 1 Acquisition is led by **CEO and Director William Brock**, the founder and CEO of Iron Rock, a financial services company that focuses on merchant banking, commodities, and financial instruments. He is joined by **CFO and Director Thomas Zipser**, the founder and Managing Director of Deer Pond Capital and Deer Pond Partners. The company's sponsor is owned by ClearThink Capital, and the sponsor's managers are William Brock and Ari Brown, who is a Managing Director at ClearThink Capital.

ClearThink 1 Acquisition plans to target the financial services sector in the United States and other developed countries. The company plans to target firms with potential or historical long-term organic growth, growth through consolidation, and attractive competitive dynamics.

ClearThink 1 Acquisition plans to list on the Nasdaq under the symbol CTAAU. D. Boral Capital acted as sole bookrunner on the deal.

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