Advancit Acquisition I (AACOU)

Advancit Acquisition Corp. I (“Advancit”) is a newly incorporated blank check company, incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. They have not selected any specific business combination target, and they have not, nor has anyone on their behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with them. They intend to pursue a target that will benefit from their team’s unique experience in the media and technology sectors, with a primary focus on North American and European Markets. Their seasoned management team consists of recognized leaders in the media and consumer technology industries. Their thematic focus spans across multiple categories within the media and technology landscape, including digital subscription services, streaming video and audio, gaming and esports, digital health and wellness, education, influencer and creator platforms, ecommerce and marketplaces and businesses built around large communities.

Industry
Blank Checks

CEO	CFO
Randy Freer	Alex Kassan

Randy Freer has served as Chief Executive Officer and a member of our board of directors since our inception. In May 2020, Mr. Freer founded the Freer Company, which advises and consultants companies across the TMT sector including, gaming video and gambling, content development, sports, private equity and more. From October 2017 to March 2020, Mr. Freer served as Chief Executive Officer of Hulu. Prior to Hulu, Mr. Freer served as President and Chief Operating Officer of Fox Networks Group from November 2013 to September 2017, where he oversaw revenue, distribution, operations, business development and strategy for all aspects of the Fox Television Group, FX, FOX Sports and National Geographic Partners. From January 1997 to November 2013, Mr. Freer worked at Fox Sports Media Group, where he most recently served as Co-President and Chief Operating Officer, focusing on growing and enhancing FOX Sports’ prestigious portfolio of league, conference and team media rights.

Alex Kassan has served as Chief Financial Officer and Head of Corporate Development since our inception. Mr. Kassan has over 15 years of principal investment experience with a primary focus on the consumer, technology, media and entertainment sectors. Mr. Kassan was most recently a Managing Director at Anchorage Capital Group, where he focused on executing private investments across various sectors from 2015 until 2020. Prior to Anchorage, from 2012 until 2015, Mr. Kassan served as a Director at Advance Publications where he invested in early, mid and growth stage companies. Prior to Advance, from 2010 until 2012, Mr. Kassan was a Vice President at The Raine Group, a merchant bank focused on both advisory and principal opportunities. Prior to Raine, from 2007 until 2009, Mr. Kassan was a Senior Associate at Dune Capital Management responsible for evaluating credit and equity investments in both liquid and illiquid markets. Before Dune, Mr. Kassan was an Associate in the Private Equity Group at Cerberus Capital Management focused on evaluating control-oriented equity investments. Over this period, Mr. Kassan has been involved as an investor in companies including, but not limited to, Spyglass Entertainment, Scopely, Compass, Katapult, Rent the Runway, Farfetch, Factual, SoundHound, Thrive Market, Delivery Hero, Sweetgreen, SentinelOne and Taboola. Mr. Kassan has an M.B.A. from Columbia Business School and a B.A. from the University of Michigan.

Employees	Founded
0	2021

Address: 1700 S Lamar Blvd, Suite #338 Austin, Texas 78704

Web page: http://www.advancitacquisitioncorp.com

First Trade Date	2/19/2026
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

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Underwriters
Citi
CO-Managers