NEW YORK: A blank-cheque company led by Anthony Pompliano, a cryptocurrency influencer, podcaster and investor, has filed for an initial public offering (IPO) to raise US$200mil.
Pompliano will be chief executive officer of ProCap Acquisition Corp, according to a filing Wednesday with the US Securities and Exchange Commission.
Brent Saunders, chairman and CEO of Bausch+Lomb Corp, is serving as special adviser to the firm.
Pompliano has been the CEO of Professional Capital Management, an investment firm he founded, since January 2022.
He was a co-founder and managing partner at Full Tilt Capital from 2016 until it was acquired by Morgan Creek Digital Assets in 2018, and worked there until 2020, the filing said.
Pompliano, who has 1.7 million followers on X and writes a daily newsletter for more than 260,000 readers, is the sole managing member of the special purpose acquisition company, according to the filing.
The company is seeking to list on the Nasdaq Global Market and is working with BTIG on the listing.
Special purpose acquisition vehicles are publicly-traded investment vehicles that use their cash holdings to acquire private companies and bring them into the public markets. — Bloomberg
