ROSS SPAC will issue $280 million of stock for APRINOIA Therapeutics Precision Neurology Company Focused on Developing a Pipeline of Highly Specific Central.
Ex-Trump Cabinet Member Wilbur Ross Files to Form $345 Million ‘Blank-Check’ Company
Former Trump administration cabinet member Wilbur Ross filed with the Securities and Exchange Commission (SEC) to form a $345 million special purpose acquisition company (SPAC).
Ross, who served as former President Donald Trump’s secretary of Commerce, filed to form the Ross Acquisition Corp II and is seeking to raise $345 million, the filing revealed.
Former Trump economic advisor Larry Kudlow, who previously worked for CNBC, will join Ross as director of the committee.
A SPAC can raise money from investors to be used for an acquisition of a private company before making it public.