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Bleichroeder Acquisition I Priced, Nasdaq: BACQU

Blank check company formed by investment veterans targeting the TMT sector.

Industry: SPAC

Latest Trade: $10.03 0.00 (0.0%)

First Day Return: -0.2%

Return from IPO: +0.3%

Industry: SPAC

We are a blank check company. While we may pursue an initial business combination in any sector, we intend to focus our efforts on businesses in the technology, media and telecommunications (“TMT”) sector as well as sectors that are being transformed via technology adoption, where we believe our management team’s operational and investment expertise will provide us with a competitive advantage. We intend to leverage the experience of our Co-Founders, Michel Combes, a member of our sponsor, and Andrew Gundlach, our Chairman, President and Chief Executive Officer. Our Co-Founders have both extensive operational and investment experience, serving as Chief Executive Officers and Directors of global public companies and as investors in public and private markets. Furthermore, our Co-Founders have built an extensive network spanning leading private equity and venture capital funds, large corporates and family-owned businesses that we believe will accrue to the benefit of our investors.
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IPO Data
IPO File Date 07/12/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/31/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cohen & Company Securities
Seaport Global
Company Data
Headquarters New York, NY, United States
Founded 2024
Employees at IPO 2

Bleichroeder Acquisition I (BACQU) Performance