Supernova Partners Acquisition Company III
General Information | |
Business: | Supernova Partners Acquisition Company III, Ltd., a newly formed blank check company, was established by Spencer Rascoff, Alexander Klabin, Robert Reid and Michael Clifton to leverage their extensive experience in acquiring, building, operating and scaling businesses in constantly evolving environments. We intend to partner with a technology company focusing on internet, consumer, media and similar businesses. (Incorporated in the Cayman Islands) Our team has decades of operational, investment and acquisition experience across both public and private companies. Mr. Rascoff is a serial entrepreneur who co-founded Hotwire and Zillow, and who led Zillow as its CEO for nearly a decade. Mr. Klabin is an accomplished investor and entrepreneur who co-founded Senator Investment Group in 2008 and successfully navigated the firm through complicated equity and credit market environments during his 12-year tenure as co-CIO. Mr. Reid is an experienced investor who spent 21 years at Blackstone, where he was a senior managing director in the private equity group. Mr. Clifton has been an investor and financial professional for over 18 years. He was most recently a senior investment professional at The Carlyle Group. Our founders also successfully executed an initial public offering of Supernova Partners Acquisition Company, Inc. (“Supernova I”) in October 2020. (Note: Supernova Partners Acquisition Co. III priced its SPAC IPO on March 22, 2021, in sync with the terms in its prospectus: 25 million units at $10 each to raise $250 million.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2020 |
Contact Information | |
Address | 4301 50th Street NW, Suite 300 PMB 1044, Washington, D.C. 20016, US |
Phone Number | (202) 918-7050 |
Web Address | |
View Prospectus: | Supernova Partners Acquisition Company III |
Financial Information | |
Market Cap | $312.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | STRE.U |
Exchange | NYSE |
Shares (millions): | 25.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $250.0 mil |
Manager / Joint Managers | J.P. Morgan/Jefferies |
CO-Managers | - |
Expected To Trade: | 3/23/2021 |
Status: | Priced |
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 |