News Formal

Colin Kaepernick Eyeing $1B Acquisition Through New Investment Vehicle

  • 📰 THR
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Nigeria News News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good for him 👊

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 ...
Source: WSJ - 🏆 98. / 63 Read more »