Bow Capital’s Ranadive Files for $350 Million Blank-Check Firm

Vivek Ranadive
Photographer: David Paul Morris/Bloomberg

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By Michael Hytha

July 18, 2020 at 12:27 AM UTC

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Bow Capital Management’s Vivek Ranadive, the founder of Tibco Software Inc. and the owner of the Sacramento Kings National Basketball Association franchise, has joined the blank-check company parade with a filing for a $350 million listing.

BowX Acquisition Corp. said in its filing Friday with the U.S. Securities and Exchange Commission that the special purpose acquisition company, or SPAC, will focus on acquiring a business in the technology, media and telecommunications industries.