Genesis Park Acquisition Corp is a special purpose acquisition company (SPAC) organized as a blank check entity under the laws of Delaware. The company was formed to raise capital through an initial public offering and to effect one or more mergers, share exchanges, asset acquisitions, capital stock exchanges, reorganization or similar business combinations with one or more businesses or entities.
The SPAC is sponsored by Genesis Park Capital Partners, a firm focused on investment opportunities in the healthcare and life sciences sectors. Genesis Park Acquisition seeks targets in areas such as digital health, healthcare services, pharmaceutical services and related industries, leveraging its sponsor’s network and sector expertise to identify companies positioned for growth and innovation.
Units of Genesis Park Acquisition trade on the OTC Markets under the ticker GNPKU. Each unit typically consists of one share of common stock and a fraction of a warrant to purchase additional shares, providing investors with exposure to both equity and potential upside through the exercise of public warrants.
While still in its acquisition search phase, Genesis Park Acquisition is actively evaluating opportunities on a global basis. The company’s management team brings experience in healthcare investing and corporate governance, aiming to deliver long-term value through a strategic combination with a target company.
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