American Ventures Acquisition I, a blank check company targeting tech, healthcare, and logistics industries, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 20 million shares at $5, rather than the typical $10 set by most SPACs. The offering does not contain warrants or rights.
American Ventures Acquisition I is led by CEO and Director Anthony Hayes, the CEO and Chairman of Dominari Holdings (Nasdaq: DOMH). He is joined by CFO David Kutcher, the co-founder, CFO, and Director of Sauvegarder Investment Management. Various members of management have prior SPAC experience.
The SPAC intends to target businesses with US industrial capacity, technological leadership and innovation, and economic resilience, with a focus on domestic manufacturing, expanding innovation ecosystems, and strengthening critical supply chains. Target companies are expected to operate primarily in the US with an aggregate enterprise value of $700 million or greater.
The Jupiter, FL-based company was founded in 2025. It plans to list on the Nasdaq under the symbol AVAC. American Ventures Acquisition I filed confidentially on April 8, 2026. JonesTrading and D. Boral Capital are the joint bookrunners on the deal.
