KnightSwan Acquisition, a blank check company tech-enabled solutions with applications in government and commercial markets, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
The company is led by Chair Teresa Carlson, the President and Chief Growth Officer of Splunk (Nasdaq: SPLK), and CEO and Director Brandee Daly, the founder and former CEO of C2S Consulting Group, a provider of innovative solutions, prototypes, and delivery of Cloud Cyber Security to the US Intelligence Community, DoD, and US Federal Civilian Agencies. The company plans to target businesses that provide technologically-differentiated products and solutions to the commercial and government markets.
KnightSwan Acquisition plans to list on the NYSE under the symbol KNSW.U. RBC Capital Markets acted as sole bookrunner on the deal.
