The new SPAC intends to leverage the expertise, access, and capabilities of its management team and board of directors to target technology-enabled platforms disrupting the traditional worlds of sports, health and wellness, food technology and supply, e-commerce, and crypto and digital assets through their unique relationship with the consumer. Infinite is led by Co-CEOs Kevin Durant and Rich Kleiman, Chief Financial Officer James Rosenstock, Chief Development Officer Alexander Michael, and Chairman Aryeh B. Bourkoff.
Total SPAC deal count for 2021 year-to-date is now 552. This offering is expected to close on Tuesday, November 23.
Credit Suisse Securities LLC is acting as the sole book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.