Empowerment & Inclusion Capital I
We are a special purpose acquisition company driven by a unique and critical mission: to use our significant experience and resources to acquire a diverse-led business or a business focused on promoting an inclusive economy and society and provide strategic advice in support of its ongoing growth and success to create enduring shareholder value. To share in that value creation, PNC and Jefferies intend to each donate all of their respective founders’ shares and warrants to initiatives supporting the economic empowerment and inclusion of underrepresented groups. It is our and our sponsors’ core belief that by both empowering diverse or inclusive businesses and by our sponsors using their profits and at risk capital to reinvest in our communities, we and our sponsors can deliver significant shareholder value while also promoting racial equity and a shift to a more inclusive economy and society.
Our sponsors are PNC Investment Capital Corp., an affiliate of The PNC Financial Services Group, Inc., and Jefferies Financial Group Inc.
While we take an expansive view of diversity to include all underrepresented groups including women, focus will be given to Black-owned and managed companies. Similarly, while we seek to broadly expand opportunities for underrepresented groups, we recognize our impact may be most pronounced by focusing on companies that help to bring underserved communities into the financial mainstream.
|Address||340 Madison Avenue, New York, NY 10173, US|
|Phone Number||(212) 468-8655|
|View Prospectus:||Empowerment & Inclusion Capital I|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$240.0 mil|
|Manager / Joint Managers||Jefferies/ Siebert Williams Shank|
|CO-Managers||Academy Securities/ Blaylock Van/ C.L. King & Associates/ Loop Capital Markets/ Ramirez & Co.|
|Expected To Trade:||1/8/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|