Velocity Acquisition (VELOU)

They are a newly incorporated blank check company. While they may pursue an initial business combination with a company in any sector or geography, they intend to focus their search on “digital transformation” businesses — i.e., companies enabling corporations to accelerate the full digitization of their businesses — including digital services, digital platforms, and related sectors in North America. Velocity Acquisition Corp. is the second special purpose acquisition company (“SPAC”) formed by the principals of &vest, who include Doug Jacob, Michael Lastoria, Garrett Schreiber, Steve Kassin, Sandy Beall and Eugene Remm. &vest is a hybrid investment fund sponsor/creative agency that focuses its operational capabilities and deep networks to structure high-impact transactions across various investment product types. It focuses on entrepreneur-led businesses and, in addition to capital, provides value-add support in operations, branding, strategy, and partnerships. Within its SPAC franchise, &vest assembles and partners with best-in-class, operator-led management teams in sectors where &vest has deep expertise.

Industry
Blank Checks

CEO	CFO
Adrian Covey	Garrett Schreiber

Adrian Covey, our Chief Executive Officer and Director, was most recently the Global Managing Director of Growth & Strategy for Accenture Interactive. There, Mr. Covey was responsible for global strategy and directing organic and inorganic investments, including capability and geographic expansions, ventures, and acquisitions. As part of this strategy, Accenture Interactive acquired and integrated over 35 companies globally. Prior to Accenture Interactive, Mr. Covey was the Global Ventures & Acquisitions Lead for Accenture Digital, responsible for strategy and execution across mobility, Internet of Things (“IoT”), marketing, data, and analytics. Prior to that, he held a number of client-facing, financial, and operational roles. Mr. Covey’s experience and success in the digital sector qualify him to serve on our board of directors.

Garrett Schreiber, our Chief Financial Officer, is currently the Chief Financial Officer of FST, a hospitality-focused special purpose acquisition company that went public as of August, 2020, and a Partner at &vest since 2019. In 2012, Mr. Schreiber joined RBC Capital Markets as an investment banking analyst. Upon leaving RBC in 2014, Mr. Schreiber joined as an associate with Enhanced Capital, a portfolio company of Stone Point Capital, where he raised two tax-credit capitalized investment funds and a SBIC fund. While there, Mr. Schreiber worked on fundraising, underwriting, and reporting efforts both to the limited partners and to government regulators.

Employees	Founded
0	2020

Address: 109 Old Branchville Road Ridgefield, CT 06877

Telephone: (201) 956-1969

Web page:

Expected Date	2/23/2021
Status	Priced
Exchange	NASDAQ
Lockup Period Expiration	.Pro
Quiet Period Expiration	.Pro
Old Price Range	-

Share prices ($)

What do you think will happen with the VELOU share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

The lead left underwriter: Citigroup

Over the last 12 months Since the beginning of the year

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

IPOs led by the firm	.Pro
Profitability of conducted IPOs  ?	.Pro
1st day change  ?	.Pro
Change for the first 3 months  ?	.Pro

Underwriters
Citigroup/Canaccord Genuity
CO-Managers