Ascendant Digital Acquisition III closed its upsized IPO of 30 million units, including 3.9 million units issued to the underwriters through their over-allotment option.
Units list on the NYSE under ACDI.U.
Ascendant Digital III intends to focus on businesses that operate within the “Attention Economy,” which refers to various converging sectors within interactive (digital) entertainment, film/television, music, print and digital books (including magazine and comics publications), e-sports, live events and other forms of consumer entertainment and enabling services and technologies.
Goldman Sachs was sole book-running manager of the offering. Odeon was lead manager. Read more.
