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Edify Acquisition Corp

10.65
0.00 (0.00%)
Last Update: 22 Mar 2024 16:30:00
Yesterday: 10.65
Day's Range: 10.65 - 10.65
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When Written:
 
10.26
Edify Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses in the technology, media, and telecommunications (TMT) sectors. The company was founded in 2020 and is based in New York City. Its management team includes experienced executives with backgrounds in finance, private equity, and technology.

Edify Acquisition Corp raised $225 million in its initial public offering (IPO) in December 2020. The company's shares trade on the NASDAQ under the ticker symbol "EACQ." As a SPAC, Edify Acquisition Corp has a limited time frame to identify and complete a merger or acquisition, typically within two years of its IPO.

The company's stated goal is to identify and acquire a high-growth TMT business that can benefit from its management team's expertise and operational support. Edify Acquisition Corp aims to provide its target company with access to public markets and additional capital to accelerate growth and create value for shareholders.

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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