Renaissance Capital logo

Progress Acquisition Priced, Nasdaq: PGRWU

Blank check company targeting media, entertainment, and technology (liquidated).

Industry: SPAC

Latest Trade: $10.35 +0.43 (+4.3%)

First Day Return: +2.8%

Return from IPO: -0.8%

Industry: SPAC

We are a blank check company formed under the laws of the State of Delaware on September 23, 2020. We were formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to as a “target business.” We may pursue a business combination opportunity in any business or industry we choose although we currently intend to focus on target companies in the nexus of media, entertainment and technology, with an emphasis on attractive targets that fall in the digital ecosystem. Progress Acquisition Corp. has several areas of interest, such as cutting-edge media, entertainment and digital technology. To date, our efforts have been limited to organizational activities as well as activities related to this offering. None of our officers, directors, promoters and other affiliates has engaged in any substantive discussions on our behalf with representatives of other companies regarding the possibility of a potential business combination with us.
more less
IPO Data
IPO File Date 01/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
EarlyBirdCapital
Company Data
Headquarters Boston, MA, United States
Founded 2020
Employees 3

Progress Acquisition (PGRWU) Performance