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Aries I Acquisition Corp
10.6
0.0 (0.00%)
Last Update: 06 Apr 2023 16:30:00
Yesterday: 10.6
Day's Range: 10.6 - 10.6
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When Written:
10.6
Aries I Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020. The company was created with the purpose of merging with or acquiring one or more businesses in the technology, media, and telecommunications (TMT) sectors.
The founders of Aries I Acquisition Corp are a group of experienced executives and investors, including CEO and Chairman W. Geoffrey Beattie, who is a former CEO of Woodbridge Company Limited and a former director of Thomson Reuters. The company's board of directors includes several other prominent business leaders.
Aries I Acquisition Corp raised $175 million in its initial public offering (IPO) in December 2020, with the goal of finding a suitable merger or acquisition target within the next two years. The company has not yet announced any specific targets or deals, but it has stated that it is actively searching for opportunities in the TMT sectors.
As a SPAC, Aries I Acquisition Corp is a publicly traded company that is designed to raise funds through an IPO and then use those funds to acquire or merge with another company. SPACs have become increasingly popular in recent years as a way for investors to gain exposure to potential high-growth companies before they go public.
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 founders of Aries I Acquisition Corp are a group of experienced executives and investors, including CEO and Chairman W. Geoffrey Beattie, who is a former CEO of Woodbridge Company Limited and a former director of Thomson Reuters. The company's board of directors includes several other prominent business leaders.
Aries I Acquisition Corp raised $175 million in its initial public offering (IPO) in December 2020, with the goal of finding a suitable merger or acquisition target within the next two years. The company has not yet announced any specific targets or deals, but it has stated that it is actively searching for opportunities in the TMT sectors.
As a SPAC, Aries I Acquisition Corp is a publicly traded company that is designed to raise funds through an IPO and then use those funds to acquire or merge with another company. SPACs have become increasingly popular in recent years as a way for investors to gain exposure to potential high-growth companies before they go public.
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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