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Cascadia Acquisition Priced, Nasdaq: CCAI

Blank check company formed by Cascadia Capital targeting "Industry 4.0" (liquidated).

Industry: SPAC

Latest Trade: $12.32 0.00 (0.0%)

First Day Return: -1.4%

Return from IPO: +23.2%

Industry: SPAC

We are a newly organized blank check company. We intend to concentrate on sourcing business combination opportunities in industry sectors that are being fundamentally reshaped by the introduction of advanced technologies, commonly referred to as “Industry 4.0.” Today, Industry 4.0 is seen as the fourth industrial revolution, using the building blocks of computing and advanced technologies like artificial intelligence, deep learning, computer vision, Internet of Things (“IoT”), gene sequencing, energy storage, and blockchain, to transform the physical, digital and biological worlds. As robotics, automation and artificial intelligence (“RAAI”) technologies cut across various sectors and end markets, we believe civilization will realize significant advancement and new levels of innovation. Entrepreneurs and industry leaders are combining these technologies to push automation forward to create a holistic and powerful digital and physical movement. Our management team is led by Michael Butler, our Chairman, and Jamie Boyd, our Chief Executive Officer. Mr. Butler’s and Mr. Boyd’s careers have centered around investment banking, mergers and acquisitions, capital raising, investments and corporate law. Our sponsor is an affiliate of Cascadia Capital, a financial advisor to entrepreneurs, boards of directors and business owners. Mr. Butler and Mr. Boyd are Chairman and CEO and Managing Director, respectively, at Cascadia Capital.
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IPO Data
IPO File Date 08/05/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Seattle, WA, United States
Founded 2021
Employees at IPO 2
Website www.cascadiacapital.com

Cascadia Acquisition (CCAI) Performance