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Acies Acquisition Corp
0.3
0.0 (0.00%)
Last Update: 19 Sep 2024 16:20:00
Yesterday: 0.26
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Acies Acquisition Corp is a special purpose acquisition company (SPAC) that was founded in 2020 by Morgan Stanley's former Head of Mergers and Acquisitions, Dan Och. The company raised $215 million in its initial public offering (IPO) in August 2020, with the aim of merging with a private company and taking it public.
Acies Acquisition Corp is focused on identifying and investing in businesses that operate in the consumer, retail, and leisure sectors, as well as those that are involved in the emerging technology and media industries. The company's management team has extensive experience in these sectors, and they are actively seeking out potential merger partners that have strong growth potential and a proven track record of success.
As a SPAC, Acies Acquisition Corp has a two-year window in which to identify and merge with a private company. If it fails to do so within this timeframe, it will be required to return the funds raised in its IPO to its investors. Once a merger has been completed, the combined entity will trade on a major stock exchange under a new ticker symbol.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Acies Acquisition Corp is focused on identifying and investing in businesses that operate in the consumer, retail, and leisure sectors, as well as those that are involved in the emerging technology and media industries. The company's management team has extensive experience in these sectors, and they are actively seeking out potential merger partners that have strong growth potential and a proven track record of success.
As a SPAC, Acies Acquisition Corp has a two-year window in which to identify and merge with a private company. If it fails to do so within this timeframe, it will be required to return the funds raised in its IPO to its investors. Once a merger has been completed, the combined entity will trade on a major stock exchange under a new ticker symbol.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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