Group Nine Acquisition

General Information
(Note: This is a digital media-focused SPAC or blank-check company brought to you by the people behind Thrillist and PopSugar.)
We currently intend to combine with Group Nine Media, Inc., a digital media company and the parent company of our sponsor, concurrent with the completion of our initial business combination. We will not, however, complete an initial business combination with only Group Nine Media. We initially intend to focus our search on target businesses in the digital media and adjacent industries, including the social media, e-commerce, events, and digital publishing and marketing sectors.
Our chairman and CEO is Ben Lerer, who is also the chairman and CEO of Group Nine Media. Mr. Lerer has led Group Nine Media since its inception, successfully rolling up and integrating four digital content publishers, Thrillist, NowThis, The Dodo, and Seeker, to form the company in 2016. Since 2016, Mr. Lerer has led Group Nine Media’s acquisitions of JASH, an Emmy-nominated, Cannes Lions and Sundance Film Festival award-winning production studio, in 2017, and POPSUGAR, a prominent digital lifestyle brand for women, in 2019. Our president and director, Brian Sugar, joined Group Nine Media with the acquisition of POPSUGAR, which he co-founded with his wife, Lisa Sugar, in 2006. Mr. Sugar had served as CEO of POPSUGAR since its inception.
Employees: 0
Founded: 2020
Contact Information
Address 568 Broadway Floor 10 New York, New York 10012
Phone Number (646) 786-1980
Web Address
View Prospectus: Group Nine Acquisition
Financial Information
Market Cap $250.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol GNACU
Exchange NASDAQ
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Barclays/ CODE Advisors
CO-Managers -
Expected To Trade: 1/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change