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BuzzFeed (890 5th Avenue Partners) Priced, Nasdaq: BZFD

Blank check company targeting the technology, media, and telecom sectors (completed 12/3/2021).

Industry: SPAC

First Day Return: +5.0%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geography, we intend to focus on industries that align well with the relationships and experience of our team and sponsor. We will seek to capitalize on the exceptional operating experience, capital markets expertise and vast network of our management team and advisors across the technology, media and telecommunications sectors. There are several market verticals we have identified which are undergoing unprecedented levels of disruption in an extraordinarily accelerated timeframe due to a variety of trends, making them attractive pools for business combination candidates. At a high level, these trends include a tectonic shift in the velocity, magnitude of and manner in which content is consumed by consumers; increased time spent and intensity of engagement by consumers on new platforms and technologies; the accelerated digital and remote transition in areas such as social platforms, interactive entertainment, gaming, education, health and wellness; the importance of content and other value-added ancillary services as a tool to drive e-commerce, subscription services and other forms of monetization; and emphasis on scale driving operators to seek partnerships or exit.
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IPO Data
IPO File Date 12/23/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/11/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $250
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Rye, NY, United States
Founded 2020
Employees at IPO 2
Website www.890fifthavenue.com

BuzzFeed (890 5th Avenue Partners) (BZFD) Performance