Thimble Point Acquisition II, a blank check company targeting high-growth software and technology, filed on Friday with the SEC to raise up to $200 million.
The New Haven, CT-based company plans to raise $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. At the proposed deal size, Thimble Point Acquisition II would command a market value of $250 million.
The company is led by CEO and Chairman Elon Boms, who currently serves as the Managing Director of the Pritzker Vlock Family Office. He is joined by CFO Joseph Iannotta, who is the Controller of the Pritzker Vlock Family Office. Thimble Point Acquisition intends to focus on high-growth software and technology-enabled companies that are disrupting large and established industries and markets.
Management's previous SPAC, Thimble Point Acquisition (THMA; -1% from offer price), has a pending merger agreement with healthcare platform Pear Therapeutics.
Thimble Point Acquisition II was founded in 2021 and plans to list on the Nasdaq under the symbol THMBU. The company filed confidentially on February 24, 2021. Citi, and Credit Suisse are the joint bookrunners on the deal.
