Timber Road Acquisition, a blank check company targeting the real estate and consumer industries, filed on Monday with the SEC to raise up to $200 million in an initial public offering.
The Rockville Centre, NY-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one right to receive one-eighth of a share upon the completion of an initial business combination.
Timber Road Acquisition is led by CEO and Director Patrick Fisher, who currently serves as a real estate broker at Timber Road Capital, focusing on commercial real estate debt financing and capital market advisory. The SPAC plans to target businesses that can benefit from management's established global relationships, sector expertise in the real estate and consumer industries, and active management and operating experience.
Timber Road Acquisition was founded in 2025 and plans to list on the Nasdaq under the symbol TMRDU. Roth Capital is the sole bookrunner on the deal.
