ClearThink 1 Acquisition, a blank check company targeting financial services in the United States and other developed countries, filed for IPO on Tuesday.
The Boca Raton, FL-based company plans to raise $150 million by offering 15 million units at a price of $10. Each unit consists of one share of common stock and rights to one-tenth of a share. At the proposed price, ClearThink 1 Acquisition would command a market value of $203.5 million.
ClearThink 1 Acquisition is led by CEO and Director William Brock, the founder and CEO of Iron Rock, a financial services company that focuses on merchant banking, commodities, and financial instruments. He is joined by CFO and Director Thomas Zipser, the founder and Managing Director of Deer Pond Capital and Deer Pond Partners. ClearThink 1 Acquisition plans to target the financial services sector in the United States and other developed countries. The company plans to target firms with potential or historical long-term organic growth, growth through consolidation, and attractive competitive dynamics.
ClearThink 1 Acquisition was founded in 2025 plans to list on the Nasdaq under the symbol CTAAU. D. Boral Capital is the sole bookrunner on the deal.
