Atlas Crest Investment Corp. began trading today in a $500M IPO on the NYSE under the ticker symbol “ACIC.U.” While the company has not committed to a specific sector, executives in a press release said they will explore “media, online gaming/sports betting, fintech/payments, healthcare, business services and disruptive consumer.”
The SPAc is sponsored by an affiliate of Moelis & Company with a management team led by Ken Moelis, as Chairman, and Michael Spellacy, as Chief Executive Officer. Read more.
