PowerUp Acquisition Corp is a Delaware-based special purpose acquisition company formed to effect one or more mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations. Since its initial public offering on the NASDAQ in January 2021 under the ticker PWUP, the company has focused on identifying a target in the consumer sector with an enterprise value profile suited to its mandate.
The firm was sponsored by a group of industry veterans with deep experience in private equity, hospitality, consumer brands and capital markets. Its leadership team includes a chairman with more than two decades of executive roles in the restaurant and lodging industries, a CEO who has led growth initiatives at several high-profile consumer companies, and a CFO whose background spans financial management at publicly traded retailers and leisure businesses.
PowerUp Acquisition Corp’s acquisition strategy centers on businesses in the hospitality, leisure, restaurant, gaming and digital entertainment segments. The company seeks targets with differentiated offerings, strong cash flow generation and scalable models. By leveraging its sponsors’ operating expertise and capital markets relationships, PowerUp aims to accelerate growth initiatives, drive operational improvements and create long-term value for stakeholders.
Geographically, PowerUp Acquisition Corp targets opportunities primarily in North America, while remaining open to select international markets where consumer demand trends and regulatory environments are conducive to robust growth. The company’s advisors maintain extensive networks across the consumer landscape, positioning PowerUp to source and execute transactions aligned with its investment criteria and long-term objectives.
AI Generated. May Contain Errors.
