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RXR Acquisition Priced, Nasdaq: RXRAU

Blank check company formed by RXR Realty targeting real estate technology (liquidated).

Industry: SPAC

Latest Trade: $10.05 +0.20 (+2.0%)

First Day Return: -1.5%

Return from IPO: -1.5%

Industry: SPAC

We are a newly organized blank check company. While we may pursue a business in any industry or sector, we initially intend to focus our search for a target business combination that operates at the intersection of real estate and technology, also known as "PropTech," including immediately adjacent ecosystems to real estate such as logistics, modern mobility, financial services and technologies that address problems or inefficiencies associated with urbanization, also known as "Urban Tech." We believe the real estate industry is undergoing a seismic shift whereby technology is fundamentally changing the way real estate is built, transacted, operated, utilized, and monetized. Our mission is to identify businesses that can leverage our experience as entrepreneurs, investors and operators as well as our diverse industry knowledge and broad network to accelerate growth and drive long-term value for shareholders. Our sponsor is an affiliate of RXR Realty LLC (together with its affiliates, "RXR"). RXR is a vertically integrated real estate owner, investor, operator, and developer committed to building socially, economically, and environmentally responsible communities.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
BofA Securities
Company Data
Headquarters Uniondale, NY, United States
Founded 2021
Employees 3
Website rxrrealty.com

RXR Acquisition (RXRAU) Performance