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Boxed (Seven Oaks Acquisition) Priced, Nasdaq: BOXD

Blank check company focusing on businesses with good ESG practices (completed 12/8/2021).

Industry: SPAC

First Day Return: +1.6%

Industry: SPAC

We are a newly organized blank check company. We have not identified any specific target business. Although we may pursue an acquisition opportunity in any business or industry, we intend to focus on opportunities aiming to make a positive social impact with a specific emphasis on good Environmental, Social and Governance (“ESG”) practices. In recent years, we have seen an increased focus among consumers, investors and employees on the alignment businesses should demonstrate between shareholders and broader social good. We believe companies with an explicit focus on making a positive social impact will be best positioned to succeed and grow as an increasing number of people emphasize working for, buying from and investing in organizations that share this goal. Incorporating these principles into an effective business strategy requires ongoing consideration of ESG criteria to develop a sustainable business model that can reliably create social, environmental and economic value. Despite the challenges in achieving this, we believe there are significant, attractive opportunities to invest in businesses committed to this goal.
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Boxed (Seven Oaks Acquisition) (BOXD) Performance