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Colin Kaepernick Eyeing $1B Acquisition Through New Investment Vehicle

Colin Kaepernick social Celebrity

10.02.2021 - 19:00

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hollywoodreporter.com

hollywoodreporter.com:

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.

The company, Mission Advancement Corp., is co-founded by Jahm Najafi and plans to acquire an approximately $1 billion company that has the potential to create a positive social and cultural impact.

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.

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