News Briefs

Brand Velocity-backed SPAC pulls IPO plans: Bloomberg

Brand Velocity Acquisition Corp, a blank check company whose advisors include former NFL champion Eli Manning, has pulled its plans to go public, reported Bloomberg.

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Brand Velocity Acquisition Corp, a blank check company whose advisors include former NFL champion Eli Manning, has pulled its plans to go public, reported Bloomberg. Citing an SEC filing, the news outlet noted that the SPAC has withdrawn its registration for a $200 million IPO. Brand Velocity Acquisition Corp is backed by Brand Velocity Partners.

Source: Bloomberg