ENFA - Vice Media potential SPAC deal is said to stall - report

July, 20 2021 06:07 PM 890 5th Avenue Partners Inc.

Mario Tama/Getty Images News Vice Media's (VICEM) potential deal to be taken public through a SPAC is said to have stalled out as the media company has struggled to raise additional funding, according to a report from The Information. Vice Media was previously said to be in talks to be taken public through SPAC 7GC & Co. (VII), that would have valued the company at $3B, according to a WSJ report in early May. Vice may now struggle to get investors to believe its worth even $2B, according to The Information report. The Information originally reported in that Vice Media was in "advanced" merger talks with SPAC 7GC & Co. Vice Media operates the Vice.com news site, Viceland TV network, Refinery29 platform and other properties generally aimed at millennial and Generation Z audiences. Media company BuzzFeed (BUZZF) last month confirmed a deal to go public via SPAC 890 Fifth Avenue Partners (ENFA) at

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Vice Media potential SPAC deal is said to stall - report

Company Name:	890 5th Avenue Partners Inc.
Stock Symbol:	ENFA
Market:	NASDAQ

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