Ascendant Digital II withdrew its registration for an IPO of 30 million units at $10 each, initially filed with the SEC in March 2021.
The SPAC was aiming to acquire a business in what it calls the “Attention Economy,” which refers to 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.
According to the initial filing, Ascendant Digital II is led by CEO and Chairman Mark Gerhard, who has been the co-founder, CEO and CTO of Disruptional, formerly Playfusion. Read more.
