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Stryve Foods (Andina Acquisition III) Priced, Nasdaq: SNAX

Blank check company formed to acquire a business in Latin America (completed 7/20/2021).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a Cayman Islands company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination. While we expect to explore target businesses throughout the Americas, our management team’s most extensive experience is with companies in Latin America. We intend to focus on the countries with stable political and macro-economic frameworks which include: Brazil, Chile, Colombia, Chile, Mexico and Peru. We intend to capitalize on opportunities presented by high growth rates within these countries. Local capital markets have been maturing in tandem with the stabilization of domestic economic conditions, but still lack the depth and liquidity seen in developed markets. Regulatory hurdles and the still-limited size of the local stock exchanges limit the ability of local companies to gain access to the public equity capital markets. We believe this creates opportunities for us to connect attractive and growing companies in Latin America seeking capital from the U.S. capital markets. We believe that our management team’s successful experiences with Andina I and Andina II, as well as the composition of our team including our underwriters, positions us well to target companies across the Americas.
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Stryve Foods (Andina Acquisition III) (SNAX) Performance