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Ascendant Digital Acquisition III Priced, NYSE: ACDI.U

Blank check company targeting digital media and entertainment (liquidated).

Industry: SPAC

Latest Trade: $10.37 0.00 (0.0%)

First Day Return: +0.9%

Return from IPO: +3.7%

Industry: SPAC

We are a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While we may pursue an initial business combination with a company in any industry, sector or geographic location, we intend to focus our search on opportunities where we believe we can capitalize on the experience and expertise of our management team to identify, acquire and potentially operate a business in what we call the “Attention Economy”, which refers to various converging sectors within interactive (digital) entertainment, film/television, music, print and digital books (including magazine and comics publications), e-sports, live events and other forms of consumer entertainment and enabling services and technologies. The Attention Economy ecosystem is highly fragmented with hundreds of content owners and creators, publishing and distribution platforms and other companies providing enabling technologies and services to other industry participants and consumers, many of which are privately owned. We believe that our management’s extensive experience acquiring, operating and growing businesses in this space, coupled with their vast network of leading industry executives, entrepreneurs, investors and deal makers, will enable us to source deals and position us to succeed in consummating an initial business combination.
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IPO Data
IPO File Date 04/19/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Odeon Capital Group
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 3

Ascendant Digital Acquisition III (ACDI.U) Performance