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Benzinga
Benzinga
Business
Chris Katje

Hypebeast SPAC: Inside The Hong Kong Company Tom Brady, Kevin Durant And Others Are Investing In

Hypebeast SPAC Kevin Durant Tom Brady HYPE PIPE Nasdaq

A SPAC merger agreement announced Monday brought some additional fanfare with several notable athletes and celebrities among the investors in the company’s PIPE. Here’s a look at the company and deal.

The SPAC Deal: Hypebeast announced a SPAC merger with Iron Spark I (NASDAQ:ISAA) Monday morning. The deal values Hypebeast at a pro forma equity valuation of $534 million.

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