Renaissance Capital logo

99 Acquisition Group Priced, Nasdaq: NNAG

Blank check company targeting the real estate sector (pending: Nava Health MD).

Industry: SPAC

Latest Trade: $10.39 0.00 (0.0%)

First Day Return: +1.6%

Return from IPO: +3.9%

Industry: SPAC

We are a newly organized blank check company. Although we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we currently intend to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space. We intend to seek businesses that offer innovative hardware, software, products, operations or services that are technologically equipped to improve property ownership; property financing; property transactions; property valuation; property operations; property management; leasing; property insurance; real estate asset management and investment management; and/or design, construction and development. Leveraging our management team and directors’ deep and global real estate expertise and extensive network of relationships, we intend to identify innovative companies that have the potential to disrupt different aspects of the real estate industry or related industries and to transform how stakeholders relate to real estate in the future. Our management team has a proven track record in identifying opportunities in the real estate industry that have generated attractive risk-adjusted returns.
more less
IPO Data
IPO File Date 02/22/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/17/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 7.5
Deal Size ($mm) $75
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EF Hutton
Brookline Capital Markets
Company Data
Headquarters Gaithersburg, MD, United States
Founded 2022
Employees 2

99 Acquisition Group (NNAG) Performance