Pershing Square Tontine Holdings, Ltd.

Pershing Square Tontine Holdings, Ltd. (NYSE: PSTH), sponsored by Pershing Square Capital Management, the investment firm led by Bill Ackman, conducted its IPO in July 2020 and ranked as one of the largest blank-check companies to list on a U.S. exchange at the time. The vehicle targeted mature, large-scale private businesses across a range of industry sectors. Following an announcement in June 2021 of a proposed minority stake acquisition in Universal Music Group, the transaction was subsequently terminated. PSTH liquidated in 2022 without completing a business combination. Sign up on SpacDesk to access full filings, timeline data, and analytics on PSTH and the broader SPAC universe.