Renaissance Capital logo

SEP Acquisition (Mercury Ecommerce Acquisition) Priced, Nasdaq: SEPA

Blank check company led by Mercury Fund management targeting the e-commerce sector (pending: SANUWAVE).

Industry: SPAC

Latest Trade: $10.00 0.00 (0.0%)

First Day Return: -0.9%

Return from IPO: 0.0%

Industry: SPAC

We are a newly incorporated blank check company. Although we may pursue our initial business combination in any business, industry or geographic location, the company plans to take a differentiated approach compared to the recent plethora of broadly focused, special purpose acquisition company (“SPAC”) issuances by focusing its initial business combination search in the ecommerce sector, specifically companies offering Software-as-a-Service (“SaaS”) products and services to enterprise customers globally. We currently intend to focus on opportunities that capitalize on the expertise and ability of our management team, particularly our Chairman, M. Blair Garrou, our President and Chief Executive Officer, R. Andrew White, our Chief Financial Officer and Secretary, Winston Gilpin, and our Vice President and Chief Strategy Officer, Christy Cardenas, to identify, acquire and operate a business in the ecommerce industry, primarily targeting ecommerce enablement platforms and value-added services.
more less
IPO Data
IPO File Date 03/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/27/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Needham & Co.
Company Data
Headquarters Houston, TX, United States
Founded 2021
Employees 2
Website mercuryfund.com

SEP Acquisition (Mercury Ecommerce Acquisition) (SEPA) Performance