42.1 F
New York
Wednesday, December 2, 2020

Playboy is going public again through SPAC deal with Mountain Crest


美股超卖 股市抄底?看大佬们如何操作


美股周一继续下跌 参议院两党谈判宣告失败


纽约成疫情重灾区 美股一周两次熔断成金融危机以来最差周

本周,经历过两次熔断的美股,创下了自2008年金融危机以来表现最差的一周。道指跌17%,标普跌15%,纳斯达克跌12.6。一方面,美国确诊人数不断飙升,市场恐慌情绪上升。另一方面,美联储送出一波又一波货币政策,美国政府也酝酿着财政政策来应对疫情和保住市场。 https://youtu.be/K17FF_OU3-o

周一美股暴跌再次触发熔断 美联储救市为何适得其反


Playboy Enterprises, Inc. (the “Company” or “Playboy”), and Mountain Crest Acquisition Corp. (Nasdaq: MCAC) (“Mountain Crest”), a publicly-traded special purpose acquisition corporation, just announced the signing of a definitive merger agreement to return Playboy to the public markets. In addition, they announced the signing of definitive purchase agreements with institutional and accredited investors for the purchase of $50 million of common stock at $10 per share.

Upon closing of the transaction, Mountain Crest will be renamed and is expected to remain listed on the Nasdaq Stock Market under ticker PLBY, and will be led by Ben Kohn, Playboy’s Chief Executive Officer. The timing of Playboy’s return to the public markets will fall sometime in the next 60-90 days. It will boast $100 million in cash on the balance sheet after the transaction is completed.

Playboy— founded by iconic sex symbol Hugh Hefner in 1953 — is one of the largest and most recognizable lifestyle brands in the world, with more than $3B in global consumer spend against the brand across 180 countries. Building upon almost seven decades of groundbreaking media, entertainment, hospitality and social advocacy.

Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., described Playboy as “a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands.” “I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition”, Liu commented.

Mr. Kohn added, “Mountain Crest is a truly unique SPAC in that it has no warrants outstanding, and only a tenth of a right per share, which creates a less complicated and less dilutive entity for our shareholders. The SPAC process is an innovative and efficient route to go public that provides us with the growth capital to continue to accelerate our commercial expansion.”

The deal will make Playboy a publicly traded company nine years after going private and a long period of turmoil for the group which from its founding in the 1950s broke taboos on sexual content.


- 财经媒体实习项目 -


The Prospect of Economic Stimulus Kept The Market Going

Michele Schneider, Director of Trading Education and Research, MarketGauge

Post-Pandemic Period: Meten EdtechX Junior ELT Business is Booming

K-12 education and training industry in China is mainly composed of three market segments: after-class tutoring,quality education, and English training. According to...

The Market Is Getting Ready For A Positive December

Sam Stovall, Chief Investment Strategist, CFRA

The Market Is Going To Take A Breather

Alan Valdez, Senior Partner, SilverBear Capital

RK Walker’s Weekly Market Review 11/27/20

RK Walker’s Weekly Market Review 11/27/20