Ascendant Digital Acquisition Corp.
Status: Deal Closed
U=S+W/2
W=S@11.5
| IPO Proceeds, $M | $414.00M |
|---|---|
| IPO Date | Jul 24, 2020 |
| CEO | Mark Gerhard |
| Left Lead | UBS |
| IPO Cash in Trust | 100.0% |
| SPAC Tenor | 24 months |
| IPO Sector |
Technology
Interactive (digital) entertainment, film/television, music, print and digital books, e-sports, and live events |
| IPO Geography | Global |
| Target Company | MarketWise (Beacon Street Group) |
| Deal Announced | Mar 2, 2021 |
| Deal Size, $M | $3,024.00M |
| Deal Sector | Consumer |
| Deal Geography | US/Canada |
| SEC Filings | www.sec.gov |
| Approval Vote | Jul 20, 2021 |
| Amendment Vote | TBD |
| Closing Date | Jul 21, 2021 |
Formerly ACND
MKTW
MKTWW
| Price | $0.58 |
|---|---|
| Last closing price | $0.56 |
| H/L, today | $0.55 / $0.58 |
| H/L, 52-week | $1.24 / $2.85 |
| Volume, today | 41 |
| Volume, 3-month avg. | N/A |
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- Structure and cap table
- 7 directors & officers
- 26 filings and events
- 2 underwriters
- 6 deal advisors
- 2 legal advisors
Structure
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Team
| Name | Age | Title |
|---|---|---|
| Mark Gerhard | 43 | CEO and Director |
| Riaan Hodgson | 50 | COO and Director |
| David Gomberg | 47 | President and Director |
| Mickie Rosen | 52 | Director |
| Michael Jesselson | 67 | Director |
| Diane Nelson | 52 | Director |
| Robert Foresman | 52 | Director |
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Advisors
Underwriters
| UBS | BR | 29,600,000 | units |
| Odeon Capital Group | 6,400,000 | ||
| 36,000,000 | units | ||
| Up-Front UW fee | 2.00 | % | |
| Deferred UW fee |
3.50 | % |
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Deal
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