Group Nine Acquisition Corp.
GNACW
NASDAQ Capital Market0.00
USD
+0.00
- -
CIK
0001832250
Return %
Stock
S&P500
1Y
-99.42
26.84
3Y
-99.78
77.03
5Y
-99.78
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Benjamin Lerer
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 568 Broadway New York City NY United States of America
- IPO Date
- Mar 8, 2021
- CIK
- 0001832250
- Similar Companies
- Business
- Group Nine Acquisition Corp. (GNACW) operates as a blank check company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a focus on digital media and adjacent industries including social media, e-commerce, events, digital publishing, and marketing sectors; it offers no current operational products or services beyond its SPAC structure. Founded on November 9, 2020, and headquartered at 568 Broadway, Floor 10, New York, New York, the company targets businesses at any stage of development across various geographic regions, primarily in the United States. Led by CEO Benjamin Lerer, who also chairs Group Nine Media, Inc., the sponsor entity owning digital brands such as Thrillist, NowThis, The Dodo, Seeker, and POPSUGAR, GNAC completed a $230 million initial public offering in January 2021, with units trading under GNACU, separating into Class A common stock (GNAC) and warrants (GNACW). No major merger or acquisition has been completed as of late 2025, with the company remaining in search mode amid low trading activity for its warrants; recent financials show no revenue, nominal net income from investments, and ongoing operations without significant strategic shifts, partnerships, funding rounds beyond IPO, or new offerings in the last 1-2 years.