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Accelerate Acquisition Priced, NYSE: AAQC.U

Blank check company led by Bob Nardelli targeting industrial, transportation, and consumer businesses (liquidated).

Industry: SPAC

First Day Return: -1.2%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination target in any business, industry or geographical location, we intend to focus our search on industrial, transportation & mobility, consumer and retail sectors, where our management team can capitalize on its decades of strategic experience to identify, acquire and operate an attractive target and drive superior shareholder value creation. We believe technological innovation is driving a new industrial and consumer revolution. As a result, we believe there is a large, attractive opportunity set positioned to benefit from a broad range of prevailing mega-trends, including: automation everywhere; advanced manufacturing and robotics; intelligent asset control and monitoring; dynamic supply chains; next-generation mobility technologies; and environmental sustainability, among many others. We believe that our founders are uniquely qualified to access opportunities that embody many of these trends and will realize a sustainable competitive advantage. We believe our management team uniquely combines a distinguished track record of business stewardship and operational excellence across a range of industries with deep investment acumen and transaction experience.
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IPO Data
IPO File Date 03/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/17/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $400
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Short Hills, NJ, United States
Founded 2020
Employees at IPO 3

Accelerate Acquisition (AAQC.U) Performance