Virgin Group Acquisition Corp. III
General Information | |
Business: | (Note: Virgin Group Acquisition Corp. III withdrew its SPAC IPO in an SEC filing dated July 22, 2022. As the name indicates, this was the third SPAC created by Virgin Group founder Richard Branson. Virgin Group Acquisition III filed its S-1 on March 9, 2021. The SPAC’s IPO was cut in size in July 2021 to $300 million – 30 million units at $10 each – from its initial size of $500 million – 50 million units at $10 each. Each unit consisted of one share of common stock and one-fifth of a warrant.) We intend to search for targets that operate in consumer-facing industries in the U.S. and Western Europe, with a focus on businesses that provide consumer experiences in the sectors in which Virgin has historically created significant shareholder value. (Incorporated in Cayman Islands) We are focused on effecting a business combination with a target that operates in one of the Virgin Group’s core sectors: travel & leisure, financial services, health & wellness, technology & internet-enabled, music & entertainment, media & mobile and renewable energy/resource efficiency. |
Industry: | BLANK CHECK |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 65 Bleecker Street, 6th Floor New York, NY 10012 |
Phone Number | (212) 497-9050 |
Web Address | |
View Prospectus: | Virgin Group Acquisition Corp. III |
Financial Information | |
Market Cap | $375.0mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | VIII.U |
Exchange | NYSE |
Shares (millions): | 30.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $300.0 mil |
Manager / Joint Managers | Credit Suisse |
CO-Managers | |
Expected To Trade: | |
Status: | Withdrawn |
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 |