Colin Kaepernick's Potential SPAC Deal Reportedly Fell Apart Over His Unwillingness To Participate In Press Interviews - Sis2Sis
Sis2Sis
  • Trending
  • Business
  • Culture
  • Health
  • Entertainment
  • Lifestyle
No Result
View All Result
Sis2Sis
  • Trending
  • Business
  • Culture
  • Health
  • Entertainment
  • Lifestyle
No Result
View All Result
Sis2Sis
No Result
View All Result
Home Business

Colin Kaepernick’s Potential SPAC Deal Reportedly Fell Apart Over His Unwillingness To Participate In Press Interviews

The football star was reportedly against sitting down with GMA for an interview on the deal.

Jada OjiibyJada Ojii
January 4, 2022
in Business
0
Kaepernick, Colin Kaepernick, SPAC, Change Co., interview, deal

Colin Kaepernick/Photo Courtesy of Instagram

654
SHARES
3.6k
VIEWS
Share on FacebookShare on TwitterShare via Email

Former NFL baller Colin Kaepernick’s SPAC, Mission Advancement Corp, was reportedly considering a deal with The Change Company. But things fell apart after the 34-year-old athlete was allegedly unwilling to participate in press interviews, sources confirmed to the Wall Street Journal.

Per the news outlet, Mission was “on the cusp of a deal” with the Change Co., but things apparently took a turn when executives from the company attempted to gain Kaepernick a spot on Good Morning America for an interview.

You might also like

Human Trafficking Survivor-Turned-Entrepreneur Shares How She Started Her Lash Extension Business With $400

Queen Latifah Returns To Newark, Breaks Ground On New Affordable Housing Development

Ohio Couple Secure $100k Deal For Browndages On ‘Shark Tank’

Related Post: Colin Kaepernick Compares Being In NFL to Slavery In Netflix Special

“Mission executives pushed back,” the Wall Street Journal reported, adding that Kaepernick “would likely have been pressed both about the business and on the protests that made him a controversial figure and stymied his NFL career” on the morning news program.

Kaepernick ultimately refused to participate in press interviews related to the deal, an internal document obtained by the news outlet reportedly revealed, apparently causing the potential agreement to dissolve.

SPACS, or special purpose acquisition companies, are also sometimes referred to as “black check companies.” According to Investopedia, they are “formed to raise money through an initial public offering (IPO) to buy another company.”

A Colin Kaepernick-backed SPAC’s deal with a minority-focused lender collapsed after he balked at stumping for it on TV, people familiar with the matter said https://t.co/yglFSQlOsx

— The Wall Street Journal (@WSJ) December 24, 2021

Per the Wall Street Journal, Mission was looking “for a target with which it will merge, effectively taking that company public,” and had their eyes on the Change Co. around the start of the previous fall season. The football star previously formed the SPAC along with Jahm Najafi. They both reportedly serve as co-chairmen of the company.

And although their potential deal fell through, the chief executive of the Change Co. Steve Sugarman claimed that the company is still open to a partnership with the former San Francisco 49ers player, reportedly sharing in a statement, “The Change Company would proudly consider a partnership with Mr. Kaepernick—yesterday, today, or tomorrow.”

Tags: Colin KaepernickSPACs
Previous Post

Mike Hill Of ‘RHOA’ Shouts Out Daughter Kayla For Her 20th Birthday

Next Post

K. Michelle Grieves The Loss of Her Granddad Theodore Jamison

Related Posts

Nakia, Vestal, Dollmaker Lashes, entrepreneur, human trafficking, beauty studio, eyelash extensions, Houston, Texas, business, survivor
Business

Human Trafficking Survivor-Turned-Entrepreneur Shares How She Started Her Lash Extension Business With $400

byTaylor Berry
May 11, 2022
3.3k
Queen Latifah, Rapper, Actress, Newark, New Jersey, Affordable, Housing, Development, Rise Living, Groundbreaking Ceremony, Blue Sugar Corp, Co-President.
Business

Queen Latifah Returns To Newark, Breaks Ground On New Affordable Housing Development

byJahaura Michelle
April 27, 2022
3.3k
$100k, deal, Shark, Tank, Black, owned, Browndages, bandages
Business

Ohio Couple Secure $100k Deal For Browndages On ‘Shark Tank’

byAziah Kamari
April 18, 2022
3.3k
Yitty, Lizzo, shapewear, plane, cakes, collection
Business

Lizzo Serves Cakes As She Boards Private Plane To Promote Her Shapewear Collection Yitty

byKeka Araújo
April 14, 2022
3.6k
T-Boz, daughter, Anela, beauty, brand, launch, Chase, Robinson
Business

T-Boz Daughter Chase Rolinson Re-Launches Beauty Brand

byAziah Kamari
April 13, 2022
3.3k
Harvard Law School graduate entertainment lawyer Raye Mitchel WNBA Olympic gold medalist Cindy Brown Bossology 53 entertainment Black woman company
Business

Harvard Law School Graduate Announces New Black Woman-Owned Film And Content Production Company

byAmber Alexander
March 29, 2022
3.3k
Next Post
K. Michelle, Theodore Jamison,granddad, Memphis, 92-year-old,

K. Michelle Grieves The Loss of Her Granddad Theodore Jamison

Valenté, Silky, Aisha, Hinds, ceremony, Walkers, photos, videos

VIDEO: Actress Aisha Hinds Ties The Knot In Grenada!

May 24, 2022
3.3k
Jay, Ellis, Navy, Naval, military, pilot, Top Gun, Maverick

Jay Ellis Opens Up About New Film ‘Top Gun: Maverick’

May 24, 2022
3.3k
photos, Instagram, adorable, duo, twin, daughters, Amara, La Negra

Amara La Negra Finally Reveals Photos Of Her Twins

May 24, 2022
3.3k
Tracee Ellis Ross, Actress, Interview, Peter Hammond, Video Series, The Actor's Side, Girlfriends, Sitcom, Ending, Black-ish, ABC, Network, Business Endeavors, Hair Care Products, Pattern.

Tracee Ellis Ross Talks ‘Girlfriends’ Abrupt Ending After Directing Debut, ‘We Were Just Gone’

May 24, 2022
3.3k
Love & Hip Hop, Atlanta, Rasheeda, relationship, marriage, struggles, Kirk, Frost

Rasheeda & Kirk Frost Say They Help Married Couples With Their Struggles

May 24, 2022
3.3k
Legs, Hips, Body, song, Kandi Burrus, The Real Housewives of Atlanta, reality star, A Mother's Love, musical, Twitter, reaction

It’s A No For “Legs, Hips, Body,” Kandi!

May 23, 2022
3.3k
  • 53.4k Followers
  • fans, Black Rob, Diddy, funeral

    Music Fans Reminded Diddy He Is Trash After He Posted a Tribute To The Late Black Rob

    60806 shares
    Share 24322 Tweet 15202
  • Sonja Norwood Sued The Kardashians For Spending Over $120K On Her Credit Card

    29690 shares
    Share 11876 Tweet 7423
  • Nick Cannon Is Expecting His Seventh Child with Wild N’ Out model Alyssa Scott

    21205 shares
    Share 8482 Tweet 5301
  • Relationship “Guru” Derrick Jaxn Exposed By His Mistress Candice De Medeiros

    12838 shares
    Share 5134 Tweet 3209
  • COPA Lounge Owner In Cincinnati Would Rather Judge Lace Front Wigs Than Make Money

    6738 shares
    Share 2695 Tweet 1685
Sis2Sis

© 2022 SNACKABLE MEDIA LLC. ALL RIGHTS RESERVED.

ABOUT SIS2SIS

  • About
  • Privacy Policy
  • Contact

FOLLOW US!

No Result
View All Result
  • Trending
  • Business
  • Culture
  • Health
  • Entertainment
  • Lifestyle

© 2022 SNACKABLE MEDIA LLC. ALL RIGHTS RESERVED.