Wilco 63, a blank check company targeting AI, automation, and robotics, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
Wilco 63 is led by CEO, CFO, Co-Chairman, and Chief Accounting Officer Matthew Brown, a special situations partner at HGM. The SPAC intends to target technology-enabled businesses operating within sectors undergoing structural transformation driven by artificial intelligence, automation, robotics, advanced analytics, sensor fusion, cloud intelligence, and human-in-the-loop remote operations.
The Grand Cayman, Cayman Islands-based company will trade on the Nasdaq under the symbol WLCOU. Cantor Fitzgerald acted as sole bookrunner on the deal.
