VG Acquisition Corp.

General Information
Business:

This is a new blank check company founded by Sir Richard Branson, the founder of the Virgin Group. From the prospectus:

“We are focused on effecting a business combination with a target that operates in one of the Virgin Group’s core sectors: travel & leisure, financial services, health & wellness, technology & internet-enabled, music & entertainment, media & mobile and renewable energy/resource efficiency.

“Virgin is a leading international investment group and one of the world’s most recognized and respected brands. Created in 1970 with the birth of Virgin Records, the Virgin Group has expanded into many sectors since its inception. (See the sectors cited above.) There are now more than 40 Virgin-branded businesses worldwide, employing over 60,000 people in more than 30 countries and generating in aggregate over $22 billion of revenue in their latest financial year.”

 

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 65 Bleecker Street, 6th Floor New York, NY 10012
Phone Number (212) 497-9050
Web Address
View Prospectus: VG Acquisition Corp.
Financial Information
Market Cap $500.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol VGAC.U
Exchange NYSE
Shares (millions): 48.0
Price range $10.00 - $10.00
Est. $ Volume $480.0 mil
Manager / Joint Managers Credit Suisse
CO-Managers
Expected To Trade: 10/2/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change