Pershing Square Tontine Holdings, Ltd.

Pershing Square Tontine Holdings, Ltd. (NYSE: PSTH) was a blank-check company sponsored by Pershing Square Capital Management, L.P., the New York-based hedge fund led by investor Bill Ackman. The SPAC completed its initial public offering in July 2020, listing on the New York Stock Exchange and targeting a large, mature private company across diversified sectors. In 2021, Ackman announced a proposed acquisition of a stake in Universal Music Group from Vivendi, but the transaction was subsequently withdrawn amid regulatory and structural concerns. PSTH did not complete a business combination and returned capital to shareholders in 2022. Sign up at SpacDesk for the full filing history, sponsor profiles, and deal timelines on PSTH and hundreds of other SPACs.