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MarketWise (Ascendant Digital Acquisition) Priced, NYSE: MKTW

Blank check company targeting an interactive digital entertainment business (completed 7/21/2021).

Industry: SPAC

First Day Return: +3.1%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an initial business combination with a company in any industry, sector or geographic location, we intend to focus our search on opportunities where we believe we can capitalize on the experience and expertise of our management team to identify, acquire and potentially operate a business in what we call the "Attention Economy," which refers to various converging sectors within interactive (digital) entertainment, film/television, music, print and digital books (including magazine and comics publications), e-sports, live events and other forms of consumer entertainment and enabling services and technologies. The Attention Economy ecosystem is highly fragmented with hundreds of content owners and creators, publishing and distribution platforms and other companies providing enabling technologies and services to other industry participants and consumers, many of which are privately owned. We believe that our management’s extensive experience acquiring, operating and growing businesses in this space, coupled with their vast network of leading industry executives, entrepreneurs, investors and deal makers, will enable us to source deals and position us to succeed in consummating an initial business combination.
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IPO Data
IPO File Date 07/02/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/23/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $360
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 3
Website ascendant.digital

MarketWise (Ascendant Digital Acquisition) (MKTW) Performance