SPAC BTECH files for a $200 million IPO, targeting oil, gas, and energy
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BTECH, a blank check company focused on oil, gas, and energy, has filed with the SEC for a $200 million IPO, offering 20 million units at $10 each. Each unit includes one share of common stock and a half warrant. Led by CEO Farbod Pasha Asgharzadeh and CFO James DeAngelis, BTECH aims to target various sectors within the oil and gas industry. The company plans to list on Nasdaq under the symbol BTECHU.
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