1.12 Acquisition Corp, trading under the ticker OPOT on the Nasdaq, is a blank-check company that filed its S-1 registration statement with the SEC on March 3, 2021, targeting the cannabis and cannabis-adjacent industries. The SPAC completed its initial public offering in 2021 during a period of heightened blank-check activity across the market. The vehicle was formed with the intention of identifying a merger target within the regulated cannabis sector, a space that attracted notable SPAC attention amid evolving state-level legalization trends in the United States. As of the most recent available filings, the company remains in its search phase. Visit SpacDesk and sign up for a full data subscription to access complete filing history, deal timelines, and real-time status updates on OPOT and hundreds of other active SPACs.