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ShoulderUP Technology Acquisition Priced, NYSE: SUAC

Blank check company led by industry veterans targeting tech and cybersecurity (pending: SEE ID).

Industry: SPAC

Latest Trade: $10.80 0.00 (0.0%)

First Day Return: +0.6%

Return from IPO: +8.0%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition in any business industry or sector, we intend to focus our efforts identifying businesses in technology and cybersecurity. We intend to focus on companies that have powerful and differentiated relationships with their customers, and that have market-leading insight into how their consumers live, what they need, and how to communicate with them effectively. These companies may serve both domestic and international customers. We have established strategic relationships with selected leading investors and financing providers, which we refer to as the “Strategic Partners.” Our advisors (“Advisors”) are former Department of Homeland Security, FBI, U.S Cyber Command, CYBERCOM, and Crowdstrike cybersecurity experts. We also have venture capitalist and cyber technology company founders. Such Strategic Partners and Advisors may invest in and hold positions in our sponsor, including Betsy Z. Cohen who is a member of the Sponsor, thereby sharing in the appreciation of founder shares and/or private placement units, and assist us in sourcing and evaluating potential acquisition targets and creating long-term value in the business combination.
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IPO Data
IPO File Date 10/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.5
Deal Size ($mm) $265
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/16/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.5
Deal Size ($mm) $265
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Citi
Company Data
Headquarters Kennesaw, GA, United States
Founded 2021
Employees at IPO 2

ShoulderUP Technology Acquisition (SUAC) Performance