SPAC Overview
$230M
IPO Size
$231M
Trust (as of 2022-09-30)
Failed
Current Status
2021
IPO Year
Timeline Progress
About
Velocity Acquisition Corp. is a blank-check company seeking an initial business combination. It intends to focus on digital transformation businesses, including digital services and digital platforms.
Investment Focus
Technology
Geographic Focus
North America
The terms and the filing trail behind Velocity Acquisition Corp.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Sanjay Chadda
Chairman Nominee, Director Nominee
Adrian Covey
Chief Executive Officer, Director
Garrett Schreiber
Chief Financial Officer, Director
Judge Graham
Chief Digital Officer
Nicholas O. Brien
Chief Strategy Officer
Nicolas Brien
Chief Strategy Officer
Carla Hendra
Director Nominee
Michael Lastoria
Director Nominee
Narry Singh
Director Nominee
Ramin Arani
Director Nominee
Stephen Kassin
Director Nominee
Underwriters
Extended Team Information
The team has decades of digital-business executive, operating and investing experience, including M&A, integration and value creation. The &vest principals have prior SPAC experience with FAST Acquisition Corp. and bring operational, branding, strategy and partnership capabilities.
Key Information
IPO Date
February 24, 2021
Total Redemptions
$223M
State of Incorporation
DE
SIC
6770
Failed Date
December 20, 2022
SPAC Ticker
VELO