Velocity Acquisition Corp.
Liquidated 2022-12-13- CIK 1832371
- VELO
- IPO 2021-02-24
- $231M trust
- 57 filings
- IPO Size
- $230M
- raised at the IPO
- Trust
- $231M
- as of 2022-09-30
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2021
- year it listed
Filings, by quarter
57 filings over 10 quarters; violet bars carry a milestone
- 20 Q4: 2 filings
- 21 Q1: 25 filings
- 21 Q2: 3 filings
- 21 Q3: 5 filings
- 21 Q4: 2 filings
- 22 Q1: 8 filings
- 22 Q2: 2 filings
- 22 Q3: 1 filing
- 22 Q4: 6 filings
- 23 Q1: 3 filings
S-1 filed
IPO
Liquidated
- S-1 filed 20 Q4
- IPO 21 Q1
- Liquidated 22 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
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
Key Information
As the filings state it
- IPO Date
- 2021-02-24
- Total Redemptions
- $223M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Failed Date
- 2022-12-13
- SPAC Ticker
- VELO
SPAC Team
The banks on its IPO, and the team as the filings describe it
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.