Triplecrown Acquisition Corp. has filed to come public as a 'blank check' or SPAC (Special Purpose Acquisition Company). Triplecrown is a newly organized blank check company formed for the purpose of acquiring one or more operating businesses in the financial services industry.The company is selling 40,000,000 units in a deal valued at $400 million, or $10.00 per unit. Each unit will represent one share and one warrant, and underwriters have been allocated a 6 million shares over-allotment. Citigroup is listed as the lead underwriter, with Jefferies, Ladenburg Thalman, and Broadband Capital Management involved in the deal.
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