Abg Acquisition I Corp

ABG Acquisition I Corp is a special purpose acquisition company (SPAC) that was formed in 2020 for the purpose of acquiring or merging with one or more businesses. The company is sponsored by Authentic Brands Group (ABG), a brand development and licensing company that owns a portfolio of over 50 consumer brands, including Marilyn Monroe, Elvis Presley, and Sports Illustrated.

ABG Acquisition I Corp raised $345 million in its initial public offering (IPO) in November 2020, and is listed on the NASDAQ under the ticker symbol ABGIU. The company is led by CEO Jamie Salter, who is also the founder and CEO of Authentic Brands Group.

ABG Acquisition I Corp has not yet announced any specific acquisition targets, but has stated that it is focused on identifying opportunities in the consumer, media, and entertainment sectors. As a SPAC, the company has a limited time frame in which to complete a transaction, typically two years from the date of its IPO.

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