Renaissance Capital logo

Altitude Acquisition Priced, Nasdaq: ALTU

Blank check company targeting the travel industry (liquidated).

Industry: SPAC

First Day Return: +2.1%

Industry: SPAC

We are a blank check company newly incorporated as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. We intend to focus our efforts on identifying a prospective target business with either all or a substantial portion of its activities around the globe. We intend to focus on travel, travel technology and travel-related businesses with either business-to-business (“B2B”) or business-to-consumer (“B2C”) focuses, that have compelling growth opportunities with strong underlying demand drivers which include travel-related platforms including, but not limited to, travel booking engines; revenue, payment and expense management services; travel management companies; alternative accommodation and mobile-based travel solutions. We expect that these target companies will have characteristics appropriate for public companies. As we focus our efforts on identifying a prospective target company or business, we will seek to capitalize on the multiple decades of combined investment and operational experience and deep relationship networks of our founders, Gavin Isaacs, Thomas Breitling and Gary Teplis.
more less
IPO Data
IPO File Date 09/25/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/08/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $261
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Atlanta, GA, United States
Founded 2020
Employees at IPO 4

Altitude Acquisition (ALTU) Performance