3.9k Share this

Hypebeast Ltd. is bringing its stock to the U.S. through a merger with a special-purpose acquisition company that will value the lifestyle and culture company at more than $530 million after the investment, according to people familiar with the matter.

Part lifestyle website, part e-commerce company, Hypebeast will merge with Iron Spark I Inc., and the deal will include a $13.3 million private investment in public equity from celebrities that include football player Tom Brady, tennis star Naomi Osaka, professional skateboarder Tony Hawk and actor Jonah Hill, among others.

Source: WSJ

3.9k Share this
You May Also Like

Binance signs MOU with Kazakhstan to further crypto adoption and regulation

Cryptocurrency exchange Binance has signed a memorandum of understanding, or MOU, with…

China’s ‘Zero Covid’ Mess + Ukraine Crisis = Global Recession

Delivery workers wearing protective gear check their phones during a lockdown in…

Stocks Rally After Fed Minutes Show Central Bank Will Continue To Raise Rates Aggressively

Topline Stocks rallied slightly on Wednesday after minutes from the Federal Reserve’s…

Apple Boosting Pay Budget for Workers Amid Tight Labor Market

Apple is boosting pay for workers amid rising inflation, a tight labor…

Bankers at WEF see the need for caution and speed on central bank digital currencies

The process of introducing a central bank digital currency (CBDC) is fraught…

Will IRS Tax On Wildfire Settlements Be Blocked By Congress?

Most legal settlements are taxable, even for a devastating fire loss. That…

Today’s ‘Wordle’ Word Of The Day #339 Answer And Hint: Monday, May 24th

Here’s today’s Wordle answer plus a helpful hint.

A Quality Exec Comp Plan Lowers The Risk Of Investing In O’Reilly Automotive

A customer prepares his Honda Motor Co. Grom motorcycle outside of an…