| Market Capitalization (Millions $) |
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| Shares
Outstanding (Millions) |
6 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
0 |
| Net Income (TTM) (Millions $) |
0 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Pacifico Acquisition Corp is a blank check company incorporated in 2020 in Delaware as a special purpose acquisition company (SPAC). It was created with the aim of merging or acquiring an unspecified operating business in the fintech, insurtech or real estate sectors.
Pacifico Acquisition Corp's management team includes Co-CEOs and Directors, Paul Ko and David Dines, both of whom have extensive experience in the financial industry. The company is also backed by a board of experienced industry executives with backgrounds in finance, technology, and entrepreneurship. The Board of Directors includes Marvin Edwards, founder and CEO of FGI Worldwide, a leading FinTech firm, and Damon Melton, a former executive at Goldman Sachs and Morgan Stanley.
The company completed its initial public offering (IPO) on September 3rd, 2020, where it raised $200 million by offering 20 million units at $10 per unit. Each unit consists of one share of Pacifico Acquisition Corp's Class A common stock and one-third of one redeemable warrant to acquire one share of Class A common stock.
Pacifico Acquisition Corp's management has stated that its target businesses will benefit from trends such as automation, digitization, and cloud-based technologies, and that it is interested in finding companies with innovative business models that can benefit from its public listing.
As of 2021, Pacifico Acquisition Corp has not announced a merger or acquisition target but will have until September 3rd, 2022, to consummate a business combination.
In conclusion, Pacifico Acquisition Corp is a SPAC that raised $200 million in its IPO with the aim of merging or acquiring operating businesses in the fintech, insurtech or real estate sectors that can benefit from digitization, automation, and cloud-based technologies.
Company Address: 521 Fifth Avenue 17th Floor New York 10175 NY
Company Phone Number: 886 8892 Stock Exchange / Ticker: NASDAQ PAFO
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