Football great Colin Kaepernick has entered the ballooning word of SPACs, or special purpose acquisitions companies, and will be co-chairman of a new one called Mission Advancement Corp.He’s partnering with Najafi Cos.
a private investment firm with holdings in consumer, retail, ecommerce, sports, media, and technology. They have assembled a diverse board of directors for the SPACT including leading filmmaker and activist Ava DuVernay.According to an SEC filing, the SPAC will target companies worth north of about $1 billion “with a focus on high quality brands with scalable business models and a direct relationship with an established customer base in the United States.” The idea is to identify targets with operations and ESG-related
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