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Jaws Juggernaut Acquisition Priced, Nasdaq: JUGGU

Blank check company formed by Barry Sternlicht and the founders of XCOM Labs.

Industry: SPAC

Latest Trade: $9.85 -0.04 (-0.4%)

First Day Return: +0.5%

Return from IPO: -1.1%

Industry: SPAC

We are a blank check company. Our sponsor, Juggernaut Sponsor LLC, is an affiliate of Jaws Estates Capital, the family office of Barry S. Sternlicht. While we may pursue an initial business combination target in any business or industry, we intend to focus our efforts on wireless communications and related technology/product/service businesses that have attractive growth-oriented characteristics and strong underlying demand drivers. We believe we are at the early stages of another wireless communications revolution led by the transition to 5G that will drive massive social and economic value. We believe that the early venture capital and late-stage private equity markets contain numerous target companies that have the potential to benefit materially from being publicly traded. Concurrently with our initial business combination, we may consider merging with XCOM Labs. We will not, however, complete an initial business combination with only XCOM Labs. As we focus our efforts in identifying prospective target companies, we will seek to capitalize on our co-founders’ multiple decades of combined experience building, growing, operating, and investing in businesses, in both private and public markets. Our co-founders are led by Barry Sternlicht, our Chairman nominee, and Dr. Paul E. Jacobs, our Chief Executive Officer.
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IPO News for Jaws Juggernaut Acquisition
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 24.0
Deal Size ($mm) $240
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Miami Beach, FL
Founded 2020
Employees 3
Website www.xcom-labs.com