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USHG Acquisition Corp. and Panera Brands Will Not Extend Partnership

01.07.2022 - USHG Acquisition Corp. (NYSE:HUGS) (“HUGS”), a company sponsored by an affiliate of Union Square Hospitality Group, LLC, a leading hospitality business, and Panera Brands Inc. (“Panera”) announced today that, due to deteriorating capital market . ....

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Danny Meyer's Union Square Hospitality to raise $250 m for SPAC


The new company would seek to acquire a company with similar cultural values
Danny Meyer has joined the growing number of restaurant veterans who have formed special acquisition companies, or SPACs. An affiliate of his Union Square Hospitality Group, USHG Acquisition, on Friday filed papers with the Securities & Exchange Commission to raise $250 million in an initial public offering, and then list on the New York Stock Exchange under the ticker HUGSU.
Meyer, who is the founder and CEO of USHG, is chairman of the new SPAC. Its CEO is investment banker Adam Sokoloff of Asgard Capital Partners.
USHG chief financial officer Tiffany Daniele is also CFO of the new company. She joined USHG in October of 2020 after two years as vice president for global corporate financial planning & analysis at Tapestry, Inc., which owns the luxury brands Coach, Kate Spade and Stuart Weitzman. ....

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Shake Shack Founder Danny Meyer's SPAC Files for $250M IPO


Shake Shack Founder Danny Meyer’s SPAC Files for $250M IPO
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Danny Meyer, filed to raise $250 million in an initial public offering.
Danny Meyer
Meyer, who is chairman of the special purpose acquisition company, is chief executive officer of
Union Square Hospitality Group LLC, which has operated more than 20 restaurants and bars, according to the SPAC’s filing Friday with the U.S. Securities and Exchange Commission.
USHG’s CEO is
Carlyle Group Inc. who is now a managing partner at
Asgard Capital Partners.
Meyer and Sokoloff join a horde of high-profile executives and investors in a record-shattering rush of SPAC listings. ....

Danny Meyer , Piper Sandler , Adam Sokoloff , York Stock Exchange , Goldman Sachs Group Inc , Ushg Acquisition Corp , Exchange Commission , Union Square Hospitality Group , Shake Shack Inc , New York Stock Exchange , Carlyle Group Inc , Shake Shack , Carlyle Group , Asgard Capital , New York Based , Goldman Sachs Group , டேனி மேயர் , பைபர் சாண்ட்லர் , ஆடம் சொக்ொழொப்ப் , யார்க் ஸ்டாக் பரிமாற்றம் , கோல்ட்மேன் சாக்ஸ் குழு இன்க் , பரிமாற்றம் தரகு , தொழிற்சங்கம் சதுரம் விருந்தோம்பல் குழு , குலுக்கல் குலுக்கல் இன்க் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , கார்லைல் குழு இன்க் ,