VMACU Vistas Media Acquisition Company Inc. - Unit

Vistas Media Acquisition Co., Inc. is a blank check company. The firm intends to search globally for target companies within the media and entertainment sector. It also intends to focus specifically on companies that are positioned to benefit directly from the growth of digitally available content. The company was founded on March 27, 2020 and is headquartered in New York, NY.  This security was issued by Vistas Media Acquisition Company Inc. - Class A, whose common stock symbol is VMAC.

On 3/3/2021 the company announced a pending merger with Anghami, the leading music streaming platform in the Middle East and North Africa. Assuming no redemptions, the SPAC shareholders will own 37% of the company. The $110 million PIPE at $10.00 per share will own 30%. Valuation is 10x actual 2020 revenue of $31 million.  

$10.59  -0.11 (-1.03%)
As of 09/17/2021 16:00:01 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Units
Category3:  Micro cap
GICS sector:  Financials
Industry:  Shell Companies
Index country:  USA
Country of incorporation:  
IPO date:  08/07/2020
Outstanding shares:  10,295,000
Average volume:  400
Market cap:   $104,229,700
Current dividend yield:  0.00%
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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