Rhode Island gubernatorial candidate Helena Foulkes' newest venture filed documents with the U.S. Securities and Exchange Commission (SEC) to create BrightSpark Capitol, a blank check company targeting health, wellness, and beauty consumer businesses in March of this year — as she was simultaneously gearing up her run for office.
The company's filing states it intends to have an initial public offering totaling $296 million.
When asked about the initiative, Foulkes' campaign said that she has stepped away from Bright Spark Capitol, but could not explain why the SEC documents do not reflect the change.
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