Soaring Eagle Acquisition Corp.
Completed 2021-09-15- CIK 1830214
- SRNG
- Now DNA
- IPO 2021-02-25
- $1.7B trust
- 1,561 filings
Successfully merged with Ginkgo Bioworks, Inc. • Now trading as DNA
- IPO Size
- $1.7B
- raised at the IPO
- Trust
- $1.7B
- as of 2021-06-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
1,561 filings over 25 quarters; violet bars carry a milestone
- 20 Q4: 7 filings
- 21 Q1: 25 filings
- 21 Q2: 27 filings
- 21 Q3: 80 filings
- 21 Q4: 16 filings
- 22 Q1: 25 filings
- 22 Q2: 25 filings
- 22 Q3: 45 filings
- 22 Q4: 118 filings
- 23 Q1: 107 filings
- 23 Q2: 138 filings
- 23 Q3: 176 filings
- 23 Q4: 165 filings
- 24 Q1: 86 filings
- 24 Q2: 106 filings
- 24 Q3: 82 filings
- 24 Q4: 82 filings
- 25 Q1: 79 filings
- 25 Q2: 77 filings
- 25 Q3: 20 filings
- 25 Q4: 13 filings
- 26 Q1: 13 filings
- 26 Q2: 32 filings
- 26 Q3: 15 filings
- 26 Q4: 2 filings
- S-1 filed 20 Q4
- IPO 21 Q1
- Definitive agreement 21 Q2
- Completed 21 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Soaring Eagle Acquisition Corp. is a blank-check company formed to merge with, acquire, or combine with one or more businesses that have not yet been selected. It is a generalist, with no industry, sector, or geographic limitation on its search.
Key Information
As the filings state it
- IPO Date
- 2021-02-25
- Total Redemptions
- $867M
- PIPE
- $760M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2021-09-15
- Merger Target
- Ginkgo Bioworks, Inc.
- SPAC Ticker
- SRNG
- Merged Ticker
- DNA
Stock Performance
DNATrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2021-04-19 | $10.61 | |
| At Merger | 2021-09-16 | $11.42 | +8% |
| 6 Months Post-Merger | 2022-03-18 | $3.05 | -73% |
| 1 Year Post-Merger | 2022-09-16 | $2.99 | -74% |
| 2 Years Post-Merger | 2023-09-18 | $1.85 | -84% |
| Current Price | 2026-10-16 | $10.27 | -3% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team is led by Harry E. Sloan and Eli Baker, with founding investor Jeff Sagansky. They have extensive experience sponsoring SPACs and completing business combinations, including Flying Eagle/Skillz, Diamond Eagle/DraftKings and SBTech, Platinum Eagle/Target Hospitality, and Double Eagle/WillScot; their experience spans media, entertainment, gaming, and other sectors.