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26 Capital Acquisition Priced, Nasdaq: ADER

Blank check company formed by SpringOwl Asset Management targeting leisure, e-commerce, and consumer.

Industry: SPAC

Latest Trade: $11.08 0.00 (0.0%)

First Day Return: +5.5%

Return from IPO: +10.8%

Industry: SPAC

We are a newly organized blank check company. Our sponsor is an affiliate of SpringOwl Asset Management, a registered investment adviser with investment experience and a track record of value creation in companies operating in the public markets. Led by SpringOwl’s co-founder, Jason Ader, we have assembled a seasoned team of investment professionals, and directors whom we believe will help us execute our investment strategy. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that align with the background of our sponsor and management. These industries include the gaming and gaming technology, branded consumer, lodging and entertainment, and Internet commerce sectors, which we refer to as our targeted sectors.
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IPO Data
IPO File Date 12/23/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Miami, FL, United States
Founded 2020
Employees 2
Website www.springowl.com

26 Capital Acquisition (ADER) Performance