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SILVERspac Priced, Nasdaq: SLVRU

Blank check company targeting the proptech and fintech sectors (liquidated).

Industry: SPAC

Latest Trade: $10.51 +0.72 (+7.3%)

First Day Return: -1.8%

Return from IPO: -2.1%

Industry: SPAC

We are a newly-organized blank check company incorporated on January 21, 2021 as a Cayman Islands corporation. Our business purpose is to effect 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. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we currently intend to concentrate on identifying businesses that provide technology and innovation solutions to the real estate and financial services industries, broadly referred to as the “PropTech” and “FinTech” sectors. We also intend to concentrate on identifying enterprise technology companies that sell into the real estate and financial services sectors. We are excited by the opportunities that technological change has brought to the real estate and financial services industries and the industries supporting them. Given the background of our management team and board of directors, we believe we are uniquely positioned to effectuate a business combination with one or more leading private companies and create value for our shareholders.
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IPO Data
IPO File Date 02/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Citi
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 2
Website www.silverspac.com

SILVERspac (SLVRU) Performance