Casper Sleep’s CEO Krim Files for $300 Million Blank-Check IPO
- Casper Sleep shares have tumbled 30% since February listing
- SPAC to look for targets in consumer internet, digital media
Philip Krim
Photographer: Benjamin Lowy/Getty Images
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Casper Sleep Inc.’s chief executive officer has filed to raise $300 million for a blank-check company after seeing shares of the mattress company he founded tumble 30% since its February debut.
Tailwind Acquisition Corp., a special purpose acquisition company, or SPAC, filed with the U.S. Securities and Exchange Commission on Tuesday to sell 30 million units at $10 each. Jefferies Financial Group Inc. is the sole underwriter for the initial public offering, the filing shows.