Financial services SPAC ClearThink 1 Acquisition prices upsized $165 million IPO
RenaissanceCapital·- ClearThink 1 Acquisition, a SPAC backed by ClearThink Capital, raised $165 million by offering 16.5 million units at $10 each to target financial services in the US and other developed countries. - Led by CEO William Brock, the company aims to focus on firms with long-term organic growth potential, growth through consolidation, and favorable competitive dynamics. - ClearThink 1 Acquisition is set to list on Nasdaq under the symbol CTAAU, with D. Boral Capital serving as the sole bookrunner for the transaction.