Andretti Acquisition II, the second blank check company affiliated with racing driver Michael Andretti, 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. ...read more
For investors interested in artificial intelligence, the IPO market is the space to watch. A number of recent tech issuers have made AI-focused pitches, while private AI startups continue to raise significant funding as they mature. As the field continues to...read more
Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, 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,...read more
Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Indianapolis, IN-based company now plans to raise $200 million by...read more
SPAC Andretti Acquisition II prices $200 million IPO, in follow-up to Zapata Computing deal
Andretti Acquisition II, the second blank check company affiliated with racing driver Michael Andretti, 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. ...read more
Interested in AI? Look no further than the IPO market
For investors interested in artificial intelligence, the IPO market is the space to watch. A number of recent tech issuers have made AI-focused pitches, while private AI startups continue to raise significant funding as they mature. As the field continues to...read more
SPAC Andretti Acquisition prices $200 million IPO, as racing champ targets the auto industry
Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, 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,...read more
Automotive SPAC Andretti Acquisition lowers deal size by 20% ahead of $200 million IPO
Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Indianapolis, IN-based company now plans to raise $200 million by...read more