| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
29 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-6 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
New Frontier Corp is a special purpose acquisition company (SPAC) that aims to merge with and acquire a target company. It was founded in 2019 by Alex Klabin and Doug Kimmelman, who are experienced private equity investors. The company raised an initial public offering (IPO) of $225 million in order to fund its future merger or acquisition. New Frontier Corp primarily focuses on the consumer, technology, and media sectors. Its objective is to identify and acquire a company with strong growth potential and help it reach its full potential in the public market. Once a suitable target is found, New Frontier Corp will use the funds raised through the IPO to complete the merger or acquisition.
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