Human capital-focused SPAC Anthropos Capital withdraws $250 million IPO

Anthropos Capital, a blank check company targeting a business delivering human capital as a service or product, withdrew its plans for an initial public offering on Friday. It had filed in March 2021 to raise $250 million by offering 25 million units at $10, with each unit containing one share of common stock and one-third of a warrant, exercisable at $11.50. 

The company was set to be led by co-CEO and Director John Megrue, the former co-Chairman of Bridgewater Associates, and co-CEO and Director Fred Crawford, the former CEO of AlixPartners. Anthropos Capital had intended to focus on companies whose core value proposition to their clients is rooted in delivering human capital, either as a service or product.

The Stamford, CT-based company was founded in 2021 and had planned to list on the Nasdaq under the symbol HUMCU. Credit Suisse and Goldman Sachs were set to be the joint bookrunners on the deal.