890 5th Avenue Partners, Inc.

890 5th Avenue Partners, Inc.

ENFA
890 5th Avenue Partners, Inc.US flagNASDAQ Global Select
9.62
USD
-0.29
- -
1.34BMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Adam L. Rothstein
Sector
Financial Services
Industry
Shell Companies
Address
14 Elm Place, Suite 206, Rye New York City NY United States of America 10580
IPO Date
Mar 5, 2021
Business
890 5th Avenue Partners, Inc. 890 5th Avenue Partners, Inc. (NASDAQ:ENFA) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, or similar business combinations with one or more target businesses; its investment efforts target opportunities at the convergence of technology, media, sports, and telecommunications sectors. Founded in 2020 and headquartered in New York, New York, the company maintains a principal investment approach without specified product brands or ongoing service offerings beyond its SPAC structure, which includes Class A ordinary shares, units, and warrants traded on Nasdaq. It conducts operations principally in the United States, with a management team led by CEO Emiliano Calemzuk, COO Michael Del Nin, and Executive Chairman Adam Rothstein, emphasizing deep industry expertise in disruptive trends such as direct-to-consumer content shifts, remote engagement platforms, and scale-driven partnerships. The company completed a significant business combination in December 2021, merging with BuzzFeed, Inc., valuing the digital media company at approximately $1.5 billion and resulting in BuzzFeed BuzzFeed, Inc. trading under the ticker BZFD; this transaction included up to $288 million from the SPAC trust and $150 million in convertible note financing led by Redwood Capital Management, alongside BuzzFeed's concurrent acquisition of Complex Networks. In May 2022, 890 5th Avenue Partners, LLC, an affiliate, acquired founder shares economically equivalent to 4,025,000 Class B shares of Group Nine Acquisition Corp. (GNAC), a media-focused SPAC, under a membership interest purchase agreement that deferred sales until at least one year post-combination or share prices exceeding $12.00. As of late 2025, ENFA shares trade around $9.62 with no further de-SPAC transactions announced, positioning the entity amid ongoing SPAC market dynamics including shorter timelines and sector-agnostic targets.

Company News

APIChatGPT
  • BuzzFeed shares slump in debut after troubled SPAC merger

  • BuzzFeed shares fall after brief surge on first day of trading after SPAC merger

  • BuzzFeed shares trading on Monday after SPAC deal closes

  • BuzzFeed to go public after raising less money than expected

  • BuzzFeed Set to Go Public

  • BuzzFeed is going public amid staff walkout

  • BuzzFeed investors pull funds as company plans to go public via SPAC: report

  • BuzzFeed Will Start Publicly Trading in Early December: BZFD

  • Joan Amble Joins BuzzFeed's Board of Directors as Audit Chair

  • BuzzFeed Announces Filing of a Registration Statement on Form S-4 for Proposed Merger With 890 5th Avenue Partners and the Planned Acquisition of Complex Networks

  • BuzzFeed to list in New York via SPAC with US$1.5bn valuation

  • BuzzFeed is going public with plans to add revenue streams and expand its reach with younger people

  • BuzzFeed Plans To Go Public Via SPAC Deal, Buy Complex Network

  • BuzzFeed Going Public Via SPAC Merger: What Investors Should Know

  • BuzzFeed Confirms Plans to Go Public Through SPAC Deal

  • Buzzfeed confirms it will go public via a merger with a SPAC

  • BuzzFeed to become a publicly traded company through SPAC merger

  • BuzzFeed to become a publicly traded company

  • CORRECTING and REPLACING BuzzFeed, the Leading, Culture-Defining Platform for Digital Content and Commerce, to Become a Publicly Listed Company through Merger with 890 Fifth Avenue Partners, Inc.

  • BuzzFeed announces plan to go public and acquire Complex Networks