Replay Acquisition Corp
â DelistedTrust Size
$150M
Peak Price
$10.00
Current Price
$0.00
Return
0.0%
Peak Market Cap
$150M
What Happened
Ciara's SPAC, Replay Acquisition Corp, failed to complete a merger and liquidated. Another celebrity SPAC that proved star power doesn't translate to deal-making.
Replay Acquisition Corp was associated with singer Ciara and her husband, NFL quarterback Russell Wilson. The SPAC raised $150 million, targeting consumer and technology companies.
Like many celebrity SPACs, Replay struggled to find a suitable merger target as the SPAC market cooled. Rising interest rates, regulatory tightening, and a general souring on blank-check companies made it increasingly difficult to close deals.
The SPAC failed to complete a merger and liquidated, returning trust cash to shareholders. While not a loss, the failure highlighted the gap between celebrity marketability and financial deal-making.
Replay joined the growing list of celebrity SPACs â Kaepernick, A-Rod, Paul Ryan â that never consummated a deal.
Key People
Ciara (singer)
Celebrity Sponsor
Grammy-winning artist
Russell Wilson
Associated Celebrity
NFL quarterback, Ciara's husband
Timeline
2021-03-01
SPAC IPO raises $150M
2022-12-01
Searches for target without success
2023-06-01
Liquidates and returns cash to shareholders
â Celebrity SPAC
This SPAC featured celebrity involvement â a common pattern during the 2020-2021 mania where famous names lent credibility to blank-check companies.
ð SEC Filings
View all EDGAR filings for Replay Acquisition Corp
Risk Scores
Dilution Score
10/100
Insider Profit Index
5/100