Advancit Acquisition Sponsor I LLC

1 deals · 0 closed · 0 liquidated · 1 in flight

Advancit Acquisition Sponsor I LLC is the sponsor behind Advancit Acquisition Corp I (Nasdaq: ADVC), a blank-check company that completed its initial public offering in 2021 targeting the media, technology, and telecommunications sectors. The sponsor is affiliated with Advancit Capital, a venture firm with an established investment focus on media and tech. With one SPAC vehicle on record, no completed business combination, and no liquidation to date, the vehicle remains in an open status. Investors and analysts tracking this sponsor can sign up at SpacDesk for full filing history, deal timelines, and real-time status updates on Advancit and hundreds of other SPAC sponsors.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$275.0M

Avg Extensions / Deal

0.0

Canonical

advancit acquisition sponsor

Promote Economics (1 SPAC with data)

Total At-Risk

$8.0M

Total PP Warrants

5,333,333

Principals (8)

Jonathan MillerChairman of the Board

Randy FreerChief Executive Officer and Director

Jason OstheimerPresident and Director

Alex KassanChief Financial Officer

Development Troy CarterDirector Nominee

Tara ComonteDirector Nominee

Sheila Lirio MarceloDirector Nominee

Donna OrenderDirector Nominee

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
AACO	Advancit Acquisition Corp. I	—	$275.0M	Withdrawn	—	—	0