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VELOU News

&vest's SPAC Velocity Acquisition prices $200 million IPO

Velocity Acquisition, the second blank check company formed by &vest targeting digital transformation, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company is led by CEO and Director Adrian Covey, who previously served as...read more

&vest's second SPAC Velocity Acquisition files for a $200 million IPO

Velocity Acquisition, the second blank check company formed by &vest targeting digital transformation, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The Ridgefield, CT-based company plans to raise $200 million by offering 20 million units at $10. Each unit will consist of one share of common stock and one-third of a warrant,...read more

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