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Loeb & Loeb Helps Steer Tech-Focused SPAC for Increased $100 Million IPO

Mitch Nussbaum, co-chair of Loeb & Loeb’s Capital Markets & Corporate department, and Capital Markets & Corporate partner Giovanni Caruso and associate Rongwei Xie are mentioned in a Law360 article for representing technology-focused blank-check company Yotta Acquisition in its IPO. The company noted in a recent U.S. SEC filing that it's increasing the planned size of its IPO to $100 million. Yotta plans to offer 10 million units at $10 each, and its underwriter has a 45-day option to buy up to an additional 1.15 million units, which could raise another $11.5 million.

Click here to read the full article on Law360 (subscription required).