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Founder SPAC Priced, Nasdaq: FOUN

Blank check company targeting the cloud and other digital transformation sectors (pending: Rubicon Technologies).

Industry: SPAC

Latest Trade: $10.08 0.00 (0.0%)

First Day Return: +0.1%

Return from IPO: +0.8%

Industry: SPAC

We are a blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We are led by a team of highly skilled operators who possess vast experience founding, scaling, and leading substantial public companies, including multibillion-dollar enterprises. Our management team is supported by a highly engaged group of directors and advisors who, consistent with our values, are operators first and foremost. Complementary to our strategic expertise, our team possesses a long and proven record of identifying and investing in rapidly growing technology companies, especially those actively disrupting and transforming entire industries. When considering a public offering, we believe companies prefer to partner with operator-led teams who can substantively facilitate and accelerate operational build-outs and go-to-market strategies, as well as attract top talent. We will seek to capitalize on our team’s collective expertise and extensive networks to pursue an acquisition opportunity within the technology sector, with a specific focus on the theme of Digital Transformation, which we view as the secular shift of compute and business processes migrating to the cloud.
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IPO News for Founder SPAC
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IPO Data
IPO File Date 07/26/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 27.5
Deal Size ($mm) $275
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 27.5
Deal Size ($mm) $275
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Houston, TX
Founded 2021
Employees 3