Renaissance Capital logo

CRU.U News

Software-focused SPAC Crucible Acquisition prices upsized $225 million IPO at $10

CRU.U

Crucible Acquisition, a blank check company formed by Foundry Group and a former Splunk executive targeting tech, raised $225 million by offering 22.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.  The company is led by...read more

Software SPAC Crucible Acquisition files for a $200 million IPO

CRU.U

Crucible Acquisition, a blank check company formed by Foundry Group and a former Splunk executive targeting tech, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The Boulder, CO-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant,...read more

Archived Headlines