BuzzFeed shares trading on Monday after SPAC deal closes
BuzzFeed Inc. said its shares would begin trading Monday on the Nasdaq after the digital media company closed its business combination with 890 5th Avenue Partners Inc., a special purpose acquisition company. The company's roster of media properties includes BuzzFeed, BuzzFeed News, Complex Networks, HuffPost and Tasty. Founder and CEO Jonah Peretti said the company's move to go public will help it "become a hub for even more brands and creators, visionary founders and CEOs." Shares of 890 5th Avenue Partners closed at $9.62 on Friday.
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