Renaissance Capital logo

Complete Solaria (Freedom Acquisition I) Priced, NYSE: CSLR

Blank check company led by the former CEO of Credit Suisse targeting financial services (completed 7/12/2023).

Industry: SPAC

Latest Trade: $0.93 0.00 (0.0%)

First Day Return: +3.0%

Return from IPO: -90.8%

Industry: SPAC

Freedom Acquisition I is a newly incorporated blank check company. While we may pursue an initial business combination with any target business and in any sector or geographical location, we intend to focus our search for an initial business combination in the area of Financial Services, in businesses that are technology-enabled and demonstrate growth and scalability potential. We anticipate that these target businesses may be located in developed markets, such as North America or Europe, or emerging markets, which may include Asia, Latin America and select countries in Africa. We were established by Tidjane Thiam, Adam Gishen and Abhishek Bhatia to leverage their extensive experience in acquiring, building, operating and scaling global financial services businesses in constantly evolving environments. Mr. Thiam led global institutions like Credit Suisse and Prudential as CEO for 5 years and 6 years, respectively. Mr. Gishen has held senior leadership responsibilities in recent years at Credit Suisse running its Global Investor Relations and Corporate Communications functions. Mr. Bhatia has created businesses from scratch, including a technology-enabled life insurer in Europe and a full-stack digital insurer in Asia for which he served as CEO.
more less
IPO Data
IPO File Date 02/10/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Deutsche Bank
more
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 1

Complete Solaria (Freedom Acquisition I) (CSLR) Performance