Vendome Acquisition I, a blank check company targeting the consumer sector, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Vendome Acquisition I is led by Executive Chair Paul Kessler, co-founder and Co-Manager of Bristol Capital Advisors, and CEO, CFO, and Director Scott LaPorta, who currently serves as the CEO of luxury online candy store Sugarfina USA. The SPAC plans to target the consumer sector in North America, Southeast Asia, and Europe, focusing on businesses with enterprise values between $500 million and $1 billion.
Vendome Acquisition I plans to list on the Nasdaq under the symbol VNMEU. D. Boral Capital acted as sole bookrunner on the deal.
