Atlas Crest Investment Corp. II (ACII)
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Sports betting and iGaming are two areas billionaire Ken Moelis' new SPAC will target. The SPAC, Atlas Crest II, filed for an IPO today.
Atlas Crest Investment Corp. II has filed to go public with an IPO on the New York Stock Exchange (NYSE).
Atlas Crest Investment II, the second blank check company formed by Moelis and Company, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering.
Atlas Crest Investment II is a newly organized blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We believe the diverse experience and extensive relationship network of our management team, board and sponsor will drive particularly attractive investment opportunities in certain high growth sectors including media, fintech/payments, software and technology enabled service... [Read more...]
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