Colin Kaepernick is getting in on the SPAC game - and is hunting for a $1 billion firm with a social purpose

Feb 10, 2021 - Business Insider
Board and Executive Moves

Colin Kaepernick has become the latest big name to jump into the world of SPACs, launching a blank-check company that intends to buy a consumer business with a social purpose.

Former San Francisco 49ers quarterback Kaepernick has joined forces with private-equity investor Jahm Najafi and will seek to raise around $250 million by taking the SPAC public. Najafi runs private-equity group Najafi Companies.

Special-purpose acquisition co...