By Katherine Hamilton
Blank-check company Cal Redwood Acquisition filed to go public.
The Cayman Islands company hasn't selected a business combination target at this time, but intends to focus on technology, media and telecommunications, it said in a Monday filing with the Securities and Exchange Commission.
Cal Redwood intends to focus on businesses whose value is $1 billion to $3 billion, it said.
The initial public offering is $10 a unit and it plans to IPO with 20 million units.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 03, 2025 17:58 ET (22:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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