The new company aims to combine with a business in the health and wellness, entertainment or consumer technology sectors. Disruptive I is led by Chairman and CEO Alexander J. Davis, CFO Philip C. Caputo, COO David M. Tarnowski and VP of Business Development Mardy S. Fish.
Total SPAC deal count for 2021 year-to-date is now 290. This offering is expected to close on Friday, March 26.
Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. are serving as the book-running managers for the offering. Davis Polk & Wardwell LLP is serving as Issuer’s Counsel with Shearman & Sterling LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.