Worldwide Webb Acquisition Corp.
Information by Research TrustFinance
Worldwide Webb Acquisition Corp. was a blank check company, also known as a SPAC, incorporated in Delaware. It was formed for the purpose of raising capital through an initial public offering (IPO) to acquire an existing private company, thereby taking the target company public. The company's strategy was to identify and merge with a business in high-growth sectors, specifically focusing on interactive entertainment, social media, and digital media. After its IPO in 2021, the company did not complete a business combination within the required timeframe and, as a result, ceased all operations and proceeded with liquidation and dissolution in early 2023.
United States
Industry
- FundraisingPRIMARY
- Other Service
Financial