Valuation$2.6B
TypeSPAC IPO
AcquirerReinvent Technology Partners
Return multiple3.6×
AnnouncedAug 3, 2021
TickerNYSE: HIPO
Strong
A strong outcome for investors and founders.
Deal size vs peers
A large SPAC IPO versus peers (2.2× the median).
Return multiple
Strong 3.6× return.
Liquidity type
SPAC listing — a mixed-track-record path to liquidity.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.