VC firm B Capital’s SPAC trims US IPO target to $200m

VC firm B Capital’s SPAC trims US IPO target to $200m

Photographer: Victor J. Blue/Bloomberg

B Capital Technology Opportunities, the special purpose acquisition company (SPAC) formed by venture capital firm B Capital, has trimmed the deal size of its upcoming initial public offering (IPO) in the US to $200 million from $300 million.