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SPAC Jaws Juggernaut Acquisition, chaired by Barry Sternlicht, files for a $200 million IPO

Feb 16, 2021 - Nasdaq
Mergers and Acquisitions

Jaws Juggernaut Acquisition, a blank check company formed by Barry Sternlicht and the founders of XCOM Labs, filed on Friday with the SEC to raise up to $200 million in an initial public offering.

The Miami Beach, FL-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-fourth of a warrant, exercisable at $11.50. At the proposed deal size, Jaws Juggernaut Acquisition would command a market value of $250 millio...