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Velocity Acquisition Corp. (VELO)

Velocity Acquisition currently trades with the ticker symbol VELOU
Stock Price: $10.10 USD 0.08 (0.80%)
Updated Mar 2, 2021 4:00 PM EST - Market closed
Velocity Acquisition Corp.
Country United States
Founded 2020
IPO Date Feb 23, 2021
Industry Blank Checks / SPAC
CEO Adrian Covey

Contact Details

Address:109 Old Branchville Road
Ridgefield, CT 06877
United States
Phone (201) 956-1969

Stock Information

Ticker Symbol VELO
Exchange NASDAQ
Reporting Currency US Dollars
IPO Price $10.00
CIK Code 1832371
Employer ID 85-3316188

Company Description

Velocity Acquisition is a newly incorporated blank check company incorporated as a Delaware corporation for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

We intend to focus our search on “digital transformation” businesses — i.e., companies enabling corporations to accelerate the full digitization of their businesses — including digital services, digital platforms, and related sectors in North America.

Velocity Acquisition Corp. is the second special purpose acquisition company (“SPAC”) formed by the principals of &vest, who include Doug Jacob, Michael Lastoria, Garrett Schreiber, Steve Kassin, Sandy Beall and Eugene Remm.

&vest is a hybrid investment fund sponsor/creative agency that focuses its operational capabilities and deep networks to structure high-impact transactions across various investment product types.

It focuses on entrepreneur-led businesses and, in addition to capital, provides value-add support in operations, branding, strategy, and partnerships.

Key Executives

NamePosition
Adrian CoveyChief Executive Officer and Director
Judge GrahamChief Digital Officer
Nicolas BrienChief Strategy Officer
Garrett SchreiberChief Financial Officer