The new company aims to combine with a SaaS, infrastructure software or fintech target with differentiated technology and high barriers to competition. Build is led by Chairman and Co-CEO A. Lanham Napier, Co-CEO Zeynep Young and CFO, CIO and Secretary Tanner Cerand.
Total SPAC deal count for 2021 year-to-date is now 259. This offering is expected to close on Friday, March 19.
Cowen and Allen & Company LLC are acting as joint book-running managers for the offering. Shearman & Sterling LLP is serving as Issuer’s Counsel with Nelson Mullins Riley & Scarborough LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.