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Archer Aviation (Atlas Crest Investment Corp.) Priced, NYSE: ACHR

Blank check company formed by Moelis & Company (completed 9/16/2021).

Industry: SPAC

First Day Return: -0.1%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business or industry, we intend to focus on a target in an industry which complements our management team's, board’s and sponsor's expertise and which will benefit from our strategic and operational value add. Our management team is led by Ken Moelis, our Chairman and Michael Spellacy, our Chief Executive Officer. Mr. Moelis’ and Mr. Spellacy’s careers have centered around identifying, evaluating and implementing organic and inorganic transformational growth and value creation initiatives across a broad range of industries. Our sponsor is an affiliate of Moelis & Company, a leading global financial advisor to corporate executives, boards, entrepreneurs, financial sponsors and governments. Ken Moelis and Chris Callesano, our Chief Financial Officer, are Managing Directors at Moelis. We believe that the experience and capabilities of our management team will make us an attractive partner to potential target businesses, enhance our ability to complete a successful business combination and enhance the value of the business post-business combination.
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IPO Data
IPO File Date 10/02/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 50.0
Deal Size ($mm) $500
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/27/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $500
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 3
Website www.moelis.com

Archer Aviation (Atlas Crest Investment Corp.) (ACHR) Performance