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Crucible Acquisition Priced, NYSE: CRU.U

Blank check company formed by Foundry Group and a former Splunk executive targeting tech.

Industry: SPAC

Latest Trade: $9.96 0.00 (0.0%)

First Day Return: +5.6%

Return from IPO: -0.4%

Industry: SPAC

We are a newly formed blank check company. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry, sector or geographic location (subject to certain limitations described in this prospectus), we intend to focus our search on target businesses in the software technology industry, prioritizing cloud-based recurring revenue business models. We intend to source potential opportunities for an initial business combination through the extensive network of software technology business owners, venture capital investors, public and private company board members, business executives and entrepreneurs that our sponsor, directors and management team have developed over their long history in the software technology industry. We believe that this approach, combined with the recognized track record of our sponsor, directors and management team of building, advising and investing in successful technology companies, will provide meaningful opportunities to create value for stockholders. Our sponsor is Foundry Crucible I, comprised of Foundry Group Next 2018, a venture capital fund managed by Foundry Group, and Jim Lejeal, our Chief Executive Officer.
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IPO News for Crucible Acquisition
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IPO Data
IPO File Date 12/18/2020
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 01/04/2021
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
Underwriters
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Company Data
Headquarters Boulder, CO
Founded 2020
Employees 1
Website www.foundrygroup.com