Jason Ader launches new SPAC targeting gaming acquisitions

first_img Regions: US M&A Jason Ader launches new SPAC targeting gaming acquisitions The company intends to purchase a privately held gaming, branded consumer, hospitality or e-commerce business, following an IPO to sell 24m units at $10.00 apiece. Email Address 26 Capital Acquisition Corp, a special purpose acquisition company (SPAC) founded by activist investor Jason Ader, will list on the Nasdaq today (15 January) following an initial public offering. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Read more on iGB North America Topics: Finance Strategy M&A SpringOwl has previously invested in a number of gaming businesses including Las Vegas Sands, IGT, Playtech and Bwin.Party before it was purchased by GVC, a deal in which Ader played a role. Tags: SPAC Jason Ader Ader will serve as 26 Capital Acquisition Corp’s chief executive, while John Lewis – who is currently chief financial officer at Ader’s SpringOwl Asset Management business – will hold the same position with the SPAC. 15th January 2021 | By Daniel O’Boylelast_img read more

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