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bleuacacia Priced, Nasdaq: BLEUU

Blank check company targeting businesses that engage with millennial and Gen-Z consumers.

Industry: SPAC

Latest Trade: $10.91 0.00 (0.0%)

First Day Return: +0.5%

Return from IPO: +9.1%

Industry: SPAC

We are a newly-incorporated blank check company which was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We will seek to capitalize on the substantial deal sourcing, investing and operating expertise of our management team to pursue acquisitions of global high-growth premium consumer-facing brands that have a powerful emotional engagement with millennial and Gen-Z consumers. We expect to favor potential target businesses with certain industry and business characteristics, including long term growth prospects, high barriers to entry, opportunities for consolidation, robust recurring revenues, sustainable operating margins and lucrative free cash flow dynamics. We intend to focus on businesses where we believe our management’s background and experience operating businesses with premium consumer-facing brands can assist in executing an accelerated plan to create value for our shareholders in the public markets. We may also pursue acquisition opportunities in other sectors.
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IPO Data
IPO File Date 06/21/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Credit Suisse
Citi
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 4

bleuacacia (BLEUU) Performance