SPAC Jaws Hurricane Acquisition, led by Starwood's Barry Sternlicht, files for a $250 million IPO

Jaws Hurricane Acquisition, a sixth blank check company led by Starwood Capital founder Barry Sternlicht, filed on Thursday with the SEC to raise up to $250 million in an initial public offering. The Miami Beach, FL-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. At the proposed deal size, Jaws Hurricane Acquisition would command a market value of $313 million.