TMT SPAC Americas Technology Acquisition files for a $100 million IPO

Americas Technology Acquisition, a blank check company targeting the technology, media, and telecommunications sectors, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Dallas, TX-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. At the proposed deal size, Americas Technology Acquisition would command a market value of $126 million.

The company is led by Chairman Lisa Harris, founder and Managing Partner of Align Capital, and CEO Jorge Marcos, a Principal at Arch Energy Partners and a Partner at Fifth Partners. The company plans to leverage its management team's experience and target the technology, media, and telecommunications (TMT) verticals.

Americas Technology Acquisition was founded in 2020 and plans to list on the NYSE under the symbol ATA.U. The company filed confidentially on October 16, 2020. EarlyBirdCapital is the sole bookrunner on the deal.