| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
14 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
10 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Northern Star Investment Corp III is a special purpose acquisition company (SPAC) that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It is the third SPAC launched by Northern Star Investment Corp.
The company was founded by former PayPal executive Chamath Palihapitiya and Ian Osborne. It went public in July 2021 with the goal of raising capital to acquire a target company within a specific timeframe, typically two years. The SPAC raised significant funds through an initial public offering (IPO) and intends to primarily focus its search for a merger on companies operating in the technology sector.
Northern Star Investment Corp III aims to identify a target company that has the potential for significant growth and value creation. Once a suitable target is identified, the SPAC will negotiate a merger or acquisition deal and seek shareholder approval for the transaction. The company's management team will then work closely with the target company to facilitate its growth and value realization.
Overall, Northern Star Investment Corp III is a SPAC that seeks to combine its management team's expertise with a target company's potential to create value for its shareholders.
Company Address: The Chrysler Building New York 10174 NY
Company Phone Number: 818-8800 Stock Exchange / Ticker: NYSE NSTCU
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