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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 . ....
Danny Meyer and USHG Acquisition Corp. to Resume Active Search for Category-leading Business that Embraces Enlightened Hospitality USHG Acquisition Co ....
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. ....
Shake Shack Founder Danny Meyer’s SPAC Files for $250M IPO Related Stories March 17, 2021 March 15, 2021 February 26, 2021 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. ....
Shake Shack founder's Spac files for US$250m IPO businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.