Corazon Capital V838 Monoceros, a blank check company led by Corazon Capital executives targeting consumer tech and media, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
The SPAC is led by CEO and Director Sam Yagan and CFO and Director Steve Farsht, the co-founders and Managing Directors of Corazon Capital, and plans to target businesses with consumer-facing technology, subscription or recurring revenue models, marketplaces and networks, or that operate in sectors such as education, social media and dating, and ecommerce.
Corazon Capital V838 Monoceros plans to list on the Nasdaq under the symbol CRZNU. Citi acted as a lead manager on the deal.
