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Forest Road Acquisition II Priced, NYSE: FRXB

Second blank check company formed by Forest Road targeting TMT businesses.

Industry: SPAC

Latest Trade: $10.43 0.00 (0.0%)

First Day Return: +0.2%

Return from IPO: +4.3%

Industry: SPAC

We are a blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions directly or indirectly, with any business combination target with respect to an initial business combination with us. We currently intend to concentrate our efforts on identifying businesses in the technology, media, telecommunications, and consumer (“TMTC”) space that align with the following macro themes: consumer behavior fundamentally changing; new audience aggregation platforms transforming the TMTC landscape; premium intellectual property (“IP”) driving significant value expansion; cutting-edge technologies facilitating new offerings; evolving ecosystem reshaping traditional business models; and companies in need of capital due to idiosyncratic market conditions.
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IPO Data
IPO File Date 02/18/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.5
Deal Size ($mm) $305
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.5
Deal Size ($mm) $305
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Cantor Fitzgerald
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Company Data
Headquarters New York, NY, United States
Founded 2020
Employees 4
Website www.SPACRoadTwo.com

Forest Road Acquisition II (FRXB) Performance