Yucaipa Acquisition Corporation
YAC
New York Stock Exchange9.93
USD
+0.54
- -
CIK
0001815302
ISIN
KYG9879L1059
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
1.02
80.11
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
- Ronald Wayne Burkle
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 9130 West Sunset Boulevard Los Angeles CA United States of America 90069
- IPO Date
- Sep 24, 2020
- CIK
- 0001815302
- Website
- yucaipayac.com
- Similar Companies
- Business
- Yucaipa Acquisition Corporation Yucaipa Acquisition Corporation (YAC) operates as a special purpose acquisition company (SPAC) sponsored by an affiliate of The Yucaipa Companies; it seeks to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities, with no limitations on industry or geographic region and a focus on companies undergoing transitions. Founded in 2020 and headquartered in Los Angeles, California, the SPAC provides public market access to target companies through de-SPAC transactions; it raised $345 million in its initial public offering on August 4, 2020, underwritten by Citigroup, with units comprising one share of common stock and one-third of a warrant exercisable at $11.50. In December 2021, YAC completed a $3.23 billion reverse merger with SIGNA Sports United GmbH and WiggleCRC Group, the latter being the world's second-largest online bike retailer; the transaction, valued at a $3.2 billion pro forma enterprise level and including a PIPE upsized by $70 million, resulted in the combined entity trading on the NYSE under the SIGNA Sports United name, marking the SPAC's primary strategic completion. The sponsor, The Yucaipa Companies, founded in 1986 by Ronald W. Burkle, brings expertise in retail, logistics, hospitality, and entertainment sectors through over $40 billion in historical mergers and acquisitions; post-combination efforts emphasize operational improvements and value creation for shareholders across global markets.
SIGNA Sports United, Leading Global Sports E-Commerce and Technology Platform, Goes Public on New York Stock Exchange
SIGNA Sports United Upsizes PIPE and Principals Agree to Backstop SPAC Business Combination With Yucaipa Acquisition Corporation
EXCLUSIVE: Signa Sports CEO Talks SPAC Merger, Long-Term Growth Opportunities
SIGNA Sports United To Go Public By Merging With A SPAC
SIGNA Sports United, a Leading Global Sports E-Commerce and Technology Platform, to Go Public on NYSE Through Combination With Yucaipa Acquisition Corporation