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Class Acceleration Corp. Priced, NYSE: CLAS.U

Blank check company led by venture investor Michael Moe targeting digital education (liquidated).

Industry: SPAC

First Day Return: +5.5%

Industry: SPAC

We are a newly organized blank check company. Our management team has extensive experience with acquisitions and consummating business combinations. Led by Michael Moe, our CEO, our management team’s shared vision is owning and building a market-dominant and agile education technology business. Private technology companies are changing the world at an unprecedented pace by establishing new markets, creating new experiences and disrupting legacy industries. This is happening at an accelerated pace in the digital learning industry, driven by the knowledge economy and most recently by COVID-19. We will seek to acquire a digital learning leader that benefits from the dual tailwinds of the knowledge economy and the Internet. Joseph E. Parsons is our Co-Executive Chairman and a Director. Since January 2015, he has served as a managing member of 1913 Ventures LLC, a private investment firm. Robert C. Daugherty is our Co-Executive Chairman and a Director. Since September 2015, Mr. Daugherty has served as dean of the Forbes School of Business & Technology (FSTB).
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IPO Data
IPO File Date 12/31/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/14/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $225
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Woodside, CA, United States
Founded 2020
Employees at IPO 3
Website www.classacquisition.com

Class Acceleration Corp. (CLAS.U) Performance