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Msd Acquisition Corp
10.235
0.000 (0.00%)
Last Update: 24 Jul 2023 16:30:00
Yesterday: 10.235
Day's Range: 10.235 - 10.235
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When Written:
10.235
MSD Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020 by MSD Partners, L.P., a private investment firm founded by Michael Dell. The company raised $500 million in its initial public offering (IPO) and began trading on the NASDAQ under the ticker MSDAU in December 2020.
The purpose of MSD Acquisition Corp is to acquire one or more businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction. The company's management team is led by Glenn Fuhrman, who is the founder and chief executive officer of MSD Partners.
MSD Acquisition Corp has not yet announced a target company for acquisition, but it has stated that it intends to focus on businesses in the technology, media, and telecommunications (TMT) sectors, as well as other high-growth industries. The company has a two-year window to complete an acquisition, after which it must return the funds raised in its IPO to its investors.
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.
The purpose of MSD Acquisition Corp is to acquire one or more businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction. The company's management team is led by Glenn Fuhrman, who is the founder and chief executive officer of MSD Partners.
MSD Acquisition Corp has not yet announced a target company for acquisition, but it has stated that it intends to focus on businesses in the technology, media, and telecommunications (TMT) sectors, as well as other high-growth industries. The company has a two-year window to complete an acquisition, after which it must return the funds raised in its IPO to its investors.
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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