Apollo-backed SPAC targets $40m for IPO: Reuters

Spartan Acquisition Corp II, a blank check company backed by Apollo Global Management Inc, is seeking to raise $40 million for its IPO, reported Reuters, citing an SEC filing.

Spartan Acquisition Corp II, a blank check company backed by Apollo Global Management Inc, is seeking to raise $40 million for its IPO, reported Reuters, citing an SEC filing. The news wire noted that Spartan Acquisition Corp, a special purpose acquisition company, wants to sell 40 million shares at $10 per share. The SPAC is looking to invest in a business focused on energy transition and sustainability.

Source: Reuters