1347 Capital Corp. SPAC Raised $46 Million for Acquisition

1347 Capital Corp., a special purpose acquisition company, raised $46 million with the goal of finding a scalable company in the engineering and construction sector with an enterprise value between $80-$200 million.

“SPAC raised $ 46 million with a goal of repeating management’s past merger / spin - out successes”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.