bleuacacia ltd
General Information | |
Business: | We intend to search for a target business with a premium retail or consumer brand that has a strong connection with Millennial and Gen Z consumers. (Incorporated in the Cayman Islands) Our co-CEOs and co-chairmen are Lew Frankfort, the former CEO and chairman of Coach, and Jide Zeitlin, the former CEO and chairman of Tapestry, the successor of Coach. Mr. Zeitlin is a former COO of Goldman Sachs’ investment bank. During Mr. Frankfort’s time at Coach (1979 to 2014, including CEO from 1985 to 2014), Coach, Inc.’s revenues grew from negligible levels in 1979 to in excess of $5 billion. The Coach brand is a well-known brand that is part of the American landscape. Mr. Frankfort is recognized as one of the most consequential global brand builders over the past 50 years. (Note: bleuacacia ltd. upsized its SPAC IPO at pricing on Nov. 18, 2021, to 24 million units at $10 each to raise $240 million. In late October, bleuacacia ltd. cut the size of its SPAC IPO to 20 million units, down from 30 million units initially. Source: S-1/A filing dated Oct. 28, 2021.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | c/o The Keffi Group Ltd. 500 Fifth Avenue New York, New York 10110 |
Phone Number | (212) 935-5599 |
Web Address | |
View Prospectus: | bleuacacia ltd |
Financial Information | |
Market Cap | $290.0mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | BLEUU |
Exchange | NASDAQ |
Shares (millions): | 24.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $240.0 mil |
Manager / Joint Managers | Credit Suisse/ Citigroup |
CO-Managers | Rice Financial Products Co. |
Expected To Trade: | 11/18/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |