Western Ventures Acquisition Corp.

General Information
Business:

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.)

 

 

Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 42 Broadway, 12th Floor New York, New York 10004
Phone Number 310-740-0710
Web Address
View Prospectus: Western Ventures Acquisition Corp.
Financial Information
Market Cap $112.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol WAVSU
Exchange NASDAQ
Shares (millions): 10.0
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
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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