Colin Kaepernick Eyeing $1B Acquisition Through New Investment Vehicle

📆 10/02/2021 15:09:00
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Colin Kaepernick launches Mission Advancement Corp, a special purpose acquisition company with a board that includes Ava DuVernay, Birchbox founder Katia Beauchamp and former Beats by Dre CMO Omar Johnson

On the heels of a first-look deal with Disney and ultra successful Nike campaign, Colin Kaepernick is forming a special purpose acquisition company that's raising $250 million in its initial public offering, according to a Tuesday SEC filing.

That target hasn't been identified yet, but the filing indicates they're looking for a business that reflect these three themes:"I. Consumers are investing in brands that reflect their social values and recognize that purchasing decisions can act as instruments of change. II. Companies are becoming more mission-driven and seeking to align with culturally relevant social causes. III.

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Good for him 👊

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Colin Kaepernick Targets a Socially-Driven Billion-Dollar Company With New SPACColin Kaepernick is leading a group taking a blank-check company public, as the former 49ers quarterback turned activist tries to bring his social justice causes to the SPAC industry. How to tell the SPAC bubble is about to burst for $500, Alex. lol Ok we might be in a bubble ...
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