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Waverley Capital Acquisition 1 Priced, NYSE: WAVC.U

Blank check company formed by Waverley Capital targeting media, technology, and entertainment (liquidated).

Industry: SPAC

Latest Trade: $10.40 +0.47 (+4.7%)

First Day Return: -1.0%

Return from IPO: -0.7%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our team’s background and capitalize on our team’s ability to source and acquire a business focused on media, technology or entertainment that will benefit from our expertise in developing and executing value creation plans in those areas, thereby positioning a target company for compounding growth over the long-term. Our sponsor, WCAC1 Sponsor LLC, is a Delaware limited liability company. Our sponsor is managed by Waverley. Waverley is a venture capital firm focused solely on the innovation and disruption occurring globally throughout the media and entertainment industries. Our management team will be led by Edgar Bronfman Jr., Daniel V. Leff, and Alan Henricks. Messrs. Bronfman and Leff will also serve as board members. Our management team will further be supported by our independent board members who bring extensive senior executive experience in the media sector.
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IPO Data
IPO File Date 03/30/2021
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 08/19/2021
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
Evercore ISI
Morgan Stanley
Company Data
Headquarters Palo Alto, CA, United States
Founded 2021
Employees at IPO 2
Website www.waverleycorp1.com

Waverley Capital Acquisition 1 (WAVC.U) Performance