Silicon Valley Veteran Michael Moe Plans Education-Tech SPAC

Silicon Valley veteran Michael Moe is in talks to raise capital through a blank-check firm to pursue a deal in education technology, an industry buoyed by the Covid-19 pandemic, according to people with knowledge of the matter.

Moe is set to be chief executive of a new entity, tentatively dubbed Class Acquisition Corp., said one of the people, who asked not to be identified because the talks are private.

Michael Moe

Photographer: Kholood Eid/Bloomberg

Confidential paperwork has been filed with the Securities and Exchange Commission ahead of an initial public offering for the special purpose acquisition company, which aims to raise $200 million to ...