WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.
Alessandro Pedrazzini - May 10, 2021
”WeWork has emerged as the global leader in flexible space with a value proposition that is stronger than ever. Having Vivek and the BowX team will be invaluable to WeWork as we continue to define the future of work.” - Sandeep Mathrani, CEO of WeWork
Deal Overview: • SPAC Name: BowX Acquisition Corp. • SPAC Sponsor: Bow Capital Management • SPAC Target: WeWork • Transaction Amount: $1.3 billion • Industry: Commercial Real Estate • Announcement Date: March 26, 2021 • SPAC Financial Advisor: UBS Investment Bank
• Target Financial Advisor: PJT Partners