SPAC Overview
$201M
IPO Size
$206M
Trust (as of 2022-09-30)
Failed
Current Status
2021
IPO Year
Timeline Progress
About
McLaren Technology Acquisition Corp. is a newly organized blank check company seeking an unidentified initial business combination. Its stated search focus is companies in BFSI that leverage AI, ML, digital, technology and fintech.
Investment Focus
Financial Services, Artificial Intelligence, Technology, FinTech
The terms and the filing trail behind McLaren Technology Acquisition Corp.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Leadership
Sajan Pillai
Chairman of the Board of Directors, Chief Executive Officer
John Vilina
Director, President, Secretary
Rajeev Nair
Chief Financial Officer
Murali Gopalan
Chief Operating Officer
Christopher Paul Yoshida
Director Nominee
Juan Villalonga
Director Nominee
Secil Tabli Watson
Director Nominee
Sunir Kapoor
Director Nominee
Underwriters
Extended Team Information
The team combines technology, AI, financial-services and operating experience. Chairman and CEO Sajan Pillai led UST Global; other members have backgrounds spanning finance, technology, banking, venture capital, business acceleration and senior operating roles.
Key Information
IPO Date
November 3, 2021
State of Incorporation
DE
SIC
6770
Failed Date
March 3, 2023
SPAC Ticker
MLAI