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Home Plate Acquisition Priced, Nasdaq: HPLT

Blank check company targeting high-growth fintech and Embedded Finance businesses (liquidated).

Industry: SPAC

Latest Trade: $10.52 0.00 (0.0%)

First Day Return: -1.4%

Return from IPO: +5.2%

Industry: SPAC

We are a blank check company. Although we may pursue targets in any industry, we intend to focus our efforts on identifying high growth, U.S. and international acquisition targets in the financial technology (“Fintech”) and Embedded Finance sectors. We intend to capitalize on the ability of our sponsor team to identify and acquire and advise a business that can benefit from our founders’ management expertise and disciplined approach to capital allocation and investment oversight. “Embedded Finance” refers to the combination of a non-financial service provider with a financial technology. Our sponsor team is comprised of our founders complemented by a group of industry veterans that either hold independent board of director positions or will serve as advisors to the Company, who may assist in the sourcing and evaluation of potential targets. We believe that our sponsor team’s experience in driving operational improvements and organic growth as well as optimizing capital allocation will benefit us following the initial business combination and create value for stockholders. Several members of our sponsor team, including Daniel Ciporin, our Chief Executive Officer, have a track record of building growth-oriented businesses on the foundation of strategic planning, organic growth and opportunistic acquisitions coupled with strong cash flow generation.
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IPO Data
IPO File Date 09/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/29/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 2
Website homeplateacq.com

Home Plate Acquisition (HPLT) Performance