Virtuoso Acquisition Corp. (VOSOW) is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company focuses on high-growth sectors including digital platforms, digital marketing, subscription revenue models, and adTech; it does not currently engage in substantive operations prior to completing a business combination. Virtuoso Acquisition Corp. was founded in 2020 and is headquartered in Westport, Connecticut.
The company's securities include units listed under VOSOU, Class A common stock under VOSO, and redeemable public warrants under VOSOW exercisable at $11.50 per share; each unit consists of one share of Class A common stock and one-half of one warrant. It completed a $230 million initial public offering in January 2021, with proceeds held in trust pending a business combination. Virtuoso operates without specified geographic limitations, targeting opportunities globally.
In November 2021, Virtuoso completed a business combination with Wejo Group Limited, a connected vehicle data platform, in a reverse merger transaction valued at an enterprise level of approximately $800 million, after which the combined entity traded under WEJO and WEJOW before Wejo's subsequent administration and delisting in 2023. The merger provided Wejo with roughly $226 million in gross proceeds, including PIPE financing anchored by investors such as General Motors and Palantir; Virtuoso's shares and warrants were suspended from trading post-closing, with VOSOW warrants continuing to trade as residual securities related to the original SPAC structure. No further business combinations, acquisitions, or significant operational changes for Virtuoso Acquisition Corp. itself have been reported since the Wejo transaction.