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Independence Holdings Priced, Nasdaq: ACQRU

Blank check company led by the founders of FT Partners and Sagemount targeting tech and fintech (liquidated).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company. We intend to leverage our deep financial and investing experience, extensive deal flow and large contact networks in order to pursue exceptional opportunities with high-quality growth companies in our focus sectors of financial technology, software, and tech-enabled services. Steve McLaughlin and Gene Yoon are our senior sponsors and will serve as our Co-Chairmen and as directors. Through them, we are affiliated with FT Partners and Sagemount. Founded and led by Mr. McLaughlin, FT Partners is a leading FinTech-focused investment banking firm with a nearly 20-year history of providing M&A, financing and other financial advisory services to FinTech businesses globally. Sagemount was founded by Mr. Yoon in 2012, and is a growth-focused technology private investment firm with 22 investment professionals, a team of operating professionals dedicated to accelerating portfolio company growth, and $3.5 billion in cumulative capital raised. Larry Furlong, a Managing Director at FT Partners, will serve as our CEO. Jaskaran Heir, a Vice President at Sagemount, will serve as our CFO.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 43.5
Deal Size ($mm) $435
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/08/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $435
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 4

Independence Holdings (ACQRU) Performance