The new SPAC aims to combine with a late-stage software or information technology target that serves a large industry or multiple industries with a platform or marketplace and has a strong management team. Alpha Partners Technology Merger is led by CEO Matt Krna, CFO Sean O’Brien, and Board Chair Michael D. Ryan.
Total SPAC deal count for 2021 year-to-date is now 384. This offering is expected to close on Friday, July 30.
Citigroup and Morgan Stanley are serving as the joint book-running managers for the offering. William Blair is serving as the co-manager. Davis Polk & Wardwell LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.