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Wholesale grocery retailer Boxed is set to go public in $900 million SPAC deal

1 month ago   |   By Business Insider

Summary List Placement Wholesale grocery retailer and courier Boxed is set to go public in a deal with Seven Oaks Acquisition Corp. , a special purpose acquisition company , that would value the combined entity at nearly $900 million.
The deal is expected to close in the fourth quarter of 2021 and should provide Boxed with about $334 million in net cash proceeds, including a $120 million private investment from investors including Brigade Capital Management, Avanda Investment Management, and Onex Credit.
Boxed was founded in August 2013 by current CEO Chieh Huang along with Jared Yaman...
Read more ...

 

Wholesale grocery retailer Boxed is set to go public in $900 million SPAC deal

Wholesale grocery retailer Boxed is set to go public in $900 million SPAC deal

1 month ago   |   By Business Insider

Summary List Placement Wholesale grocery retailer and courier Boxed is set to go public in a deal with Seven Oaks Acquisition Corp. , a special purpose acquisition company , that would value the combined entity at nearly $900 million.
The deal is expected to close in the fourth quarter of 2021 and should provide Boxed with about $334 million in net cash proceeds, including a $120 million private investment from investors including Brigade Capital Management, Avanda Investment Management, and Onex Credit.
Boxed was founded in August 2013 by current CEO Chieh Huang along with Jared Yaman...
Read more ...

 


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