Former Walt Disney Co executives Kevin Mayer and Thomas Staggs plan to raise $300 million in an initial public offering for a new special purpose acquisition company (SPAC), a person familiar with the matter said on Thursday.
Forest Road Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Forest Road Acquisition Corp. (the “Company”) announced today the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit, which includes an exercise of the underwriters’ option to purchase 3,900,000 additional units.
Goldman’s U.S. head of SPACs sees investors getting indigestion
Ten months into 2020, a record $61 billion has been raised in initial public offerings by blank-check firms—but investors may be more discerning from here on.
Shaq Moves Into SPACs With Former Disney Execs & MLK Jr.’s Son
NBA icon Shaquille O’Neal is taking his talents to the public market, alongside one of Martin Luther King Jr.’s sons and three ex-Disney executives with…