Entertainment finance firm Forest Road has launched its second SPAC with Kevin Mayer and Tom Staggs as co-CEOs and co-chairs.
Units of Forest Road Acquisition Corp. II started trading today on the New York Stock Exchange as the execs begin the search for a target company in the tech, media, telecommunications or consumer space.Mayer, previously of Walt Disney and TikTok, was recently named chairman of sports streaming service DAZN.
He and Staggs, a former COO and CFO of Disney, are directors and investors of Forest Road. They were advisors for the firm’s first SPAC, which recently acquired digital fitness specialist Beachbody.
Read more on deadline.com
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