AACQ - Artius Acquisition Inc 20:49 PM - Feb 15 2021
by: samosa

AACQ DD

This SPAC seems to be more of a fintech play that doesn't have an acquisition target in mind. Competition in this space is tight but I feel there's plenty of room for opportunity. I'm encouraged by the backgrounds of the two managers. 

1. Charles Druker is the former CEO of WorldPay a high growth fintech company 

2. Boon Sim is the founder of Artius Capital and a former financier for the country of Singapore.

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Symbol: AACQ (U)(W)
$600M on their raise

Unit has 1 share and 1/3 of a warrant

Warrant is 1:1 @ 11.50

The Company intends to focus on technology enabled businesses that directly or indirectly offer specific technology solutions, broader technology software and services, or financial services to companies of all sizes.

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ProfofPump - 3 years ago
Update on AACQ. Looks like they have a potential acquisition target Origin Materials a company that uses plant materials to make plastics:

finance.yahoo.com/news/origin-...

Artius Acquisition Inc - AACQ

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