Western Ventures Acquisition Corp.
We intend to focus on transactions with companies and assets with a broad reach. We intend to seek to acquire one or more businesses with an aggregate enterprise value in excess of $500 million. Our target sectors may include,but are not limited to infrastructure and environmental services; health, wellness and food sustainability; financial technology and financial services; enterprise software and SaaS, and leisure and hospitality.
Stephen Christoffersen, CFA, our CEO and a Director Nominee, is an entrepreneur and investor with a proven track record in capital markets, consumer packaged goods, and emerging growth industries. As Chief Financial Officer of KushCo Holdings Inc. (OTCQX:KSHB), where he has worked since 2018, Mr. Christoffersen spearheaded KushCo’s strategic plan to right-size the business, align with the leading operators in the legal cannabis industry, and help KushCo achieve profitability for the first time in more than three years. Mr. Christoffersen led the negotiations of a definitive merger agreement between KushCo and Greenlane Holdings (NASDAQ: GNLN) which was announced in March 2021.
Mr. Christoffersen has also been active in several volunteering and philanthropic initiatives, including serving as a Math and Science tutor with the Save a Child Foundation at the YMCA Boys and Girls Club. He is also an Executive Sponsor for Project Mission Green, an initiative of The Weldon Project, which advocates on behalf of currently or formerly incarcerated cannabis offenders who were sentenced to prison for nonviolent cannabis offenses.
(Note: Western Ventures Acquisition Corp. priced its SPAC IPO on Jan. 11, 2022, in line with the terms in its prospectus: 10 million units at $10 each to raise $100 million. In a S-1/A filing dated Dec. 1, 2021, Western Ventures Acquisition cut the size of its SPAC IPO to 10 million units, down from 15 million units initially.)
|Address||42 Broadway, 12th Floor New York, New York 10004|
|View Prospectus:||Western Ventures Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||A.G.P. (Alliance Global Partners)|
|CO-Managers||Brookline Capital Markets|
|Expected To Trade:||1/12/2022|
|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|