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Frontier Acquisition Corp
0.0017
+0.0003 (+21.43%)
Last Update: 15 Mar 2023 21:20:00
Yesterday: 0.0014
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Frontier Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2021 with the goal of acquiring and merging with one or more businesses. The company is based in New York City and is led by CEO and Chairman, Daniel S. Och, who previously founded and served as CEO of Och-Ziff Capital Management, a global asset management firm.
Frontier Acquisition Corp raised $400 million in its initial public offering (IPO) in March 2021, with the intention of using the funds to acquire a company in the technology, media, or telecommunications sectors. The company has not yet announced any specific acquisition targets.
SPACs have become increasingly popular in recent years as an alternative way for companies to go public. Instead of a traditional IPO, a SPAC raises funds through an IPO and then uses those funds to acquire an existing company, which then becomes publicly traded without going through the traditional IPO process.
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.
Frontier Acquisition Corp raised $400 million in its initial public offering (IPO) in March 2021, with the intention of using the funds to acquire a company in the technology, media, or telecommunications sectors. The company has not yet announced any specific acquisition targets.
SPACs have become increasingly popular in recent years as an alternative way for companies to go public. Instead of a traditional IPO, a SPAC raises funds through an IPO and then uses those funds to acquire an existing company, which then becomes publicly traded without going through the traditional IPO process.
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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