A blank-cheque firm backed by BCC Investment Management, an affiliate of Bain Capital, is looking to raise up to $300 million through an initial public offering, a regulatory filing showed on Thursday.
BCC Investment Corp, a so-called special purpose acquisition company, or SPAC, plans to sell 30 million units composed of shares and warrants on the New York Stock Exchange, priced at $10 per unit.
Another entity tied to Massachusetts-based Bain Capital last year raised $125 million through an IPO for healthcare focused SPAC BCLS Acquisition Corp.
Source: VC Circle
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