Ark Global Acquisition

General Information
Business:

We are a blank check company incorporated as a Delaware corporation whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to herein as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. In December 2020, our Sponsor purchased an aggregate of 7,187,500 founder shares (up to an aggregate of 937,500 shares of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised) for an aggregate purchase price of $25,000, or approximately $0.003 per share.

We believe that there are many target companies that could become attractive public companies and we will seek a target in the disruptive technology sector broadly with a spotlight on Consumer Internet and Marketplaces, Healthtech, Fintech and Mobility. While we may pursue an initial business combination target in any industry or geographic region, we will seek to capitalize on the operational and investment experience of our management team and focus on US-based disruptive technology companies that we believe have significant growth prospects and the potential to generate attractive returns for our stockholders. We expect to focus on identifying potential target companies with above-industry-average growth, and a defensible market position with an enterprise value in excess of $750 million where our management team’s operational, strategic or managerial expertise can assist in maximizing value.

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 4235 Hillsboro Pike, Suite 300, Nashville, TN 37215, US
Phone Number (615) 632-0303
Web Address
View Prospectus: Ark Global Acquisition
Financial Information
Market Cap $312.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol ARKLU
Exchange NASDAQ
Shares (millions): 25.0
Price range $10.00 - $10.00
Est. $ Volume $250.0 mil
Manager / Joint Managers Jefferies
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change