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Colin Kaepernick is getting in on the SPAC game - and is hunting for a $1 billion firm with a social purpose hrobertson@businessinsider.com (Harry Robertson) © Carmen Mandato/Getty Images Colin Kaepernick is the latest celebrity to back a SPAC, or blank-check company Carmen Mandato/Getty Images Colin Kaepernick intends to raise $250 million through a blank-check company. Mission Advancement will target a US consumer firm that has a social mission. The SPAC s board is made up entirely of Black, Indigenous and people of colour. . Colin Kaepernick has become the latest big name to jump into the world of SPACs, launching a blank-check company that intends to buy a consumer business with a social purpose.

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