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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%

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 $3.5 billion in cumulative capital raised. Larry Furlong, a Managing Director at FT Partners, will serve as our CEO. Jaskaran Heir, a Vice President at Sagemount, will serve as our CFO.
IPO Data
IPO Date 03/08/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($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

Created with Highcharts 10.3.2Chart context menuACQRU vs. IPO Index (IPOUSA)Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25-50%0%-100%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index