Looking to capitalize on the Apple halo effect, three former company executives, including co-founder Steve Wozniak, took their new company, Acquicor Technology, public yesterday in an IPO raising $150 million. The money they raised is purely based on their reputation, as Acquicor Technology, is officially designated as a "blank-check" company (no, really, it's in their filings), meaning they don't do anything yet and can do whatever they want with investor money. Wozniak seems to have a knack for using his name to raise money before having an established operation

Woz starts a SPAC. We'll have to see who they buy, $150M is a pretty significant and specific SPAC value.

Techdirt: Woz Raises $150 Million For, Well, Nobody Knows