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Simon Property Group Acquisition Holdings, Inc. (SPGS)

Simon Property Group Acquisition currently trades with the ticker symbol SPGS.U
Stock Price: $10.20 USD -0.16 (-1.54%)
Updated Mar 4, 2021 3:58 PM EST - Market closed
Simon Property Group Acquisition Holdings, Inc.
Country United States
Founded 2020
IPO Date Feb 19, 2021
Industry Blank Checks / SPAC
CEO Eli Simon

Contact Details

Address:225 West Washington Street
Indianapolis, IN 46204
United States
Phone (317) 636-1600

Stock Information

Ticker Symbol SPGS
Exchange NYSE
Reporting Currency US Dollars
IPO Price $10.00
CIK Code 1839127
Employer ID 85-4374563

Company Description

Simon Property Group Acquisition is a new blank-check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or companies.

Our sponsor is an affiliate of Simon Property Group, Inc. (“SPG”). SPG, the largest retail REIT in the world by equity market capitalization, is engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and is an S&P 100 company.

SPG’s properties across North America, Europe and Asia provide community gathering places for millions of people every day, generate billions in annual sales and have allowed SPG to develop a tenant base of thousands of market leading brands.

We expect to be a new sponsorship pillar to SPG’s approach to investing in growing companies at the intersection of retail and technology that drive forward innovative consumer experiences.

We believe this new pillar will support SPG’s delivery of innovative solutions to elevate and reinvent shopping and transform retail.

Key Executives

NamePosition
David SimonChairman of the Board and Director
Eli SimonChief Executive Officer and Director
Brian J. McDadeChief Financial Officer
Steven E. FivelVice President
Stanley ShashouaVice President