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Cazoo

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Ajax I (NYSE: AJAX), sponsored by Ajax Financial Acquisitions Corp — co-founded by Dan Och and Glenn Fuhrman — completed its initial public offering in 2020, targeting the consumer sector. In March 2021, Ajax I announced a business combination with Cazoo, a United Kingdom-based online used-car marketplace founded by Alex Chesterman. The deal closed later that year, bringing Cazoo to public markets. The combined company subsequently faced significant headwinds in the online automotive retail space, and Cazoo entered administration in 2023 before being acquired out of insolvency proceedings. The SPAC transaction is now closed. Sign up at SpacDesk for full deal history, financial filings, and analytics on AJAX and thousands of other SPAC transactions.

Announced
2021-03-29
Closed
2021-08-18
PIPE Raised
$500M–1B
Industry
Consumer

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
AJAXAjax IClosed2021-03-292021-08-18$750.0M$800.0MAjax I Holdings, LLC