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Meet the Team Taking BuzzFeed Public via SPAC
Media startup BuzzFeed will become publicly traded on Monday under the ticket symbol “BZFD” after its shareholders approved a merger with SPAC 890 Fifth Avenue Partners on Thursday. The company is expected to raise at least $166.2 million with $150 million from convertible debt financing and $16.2 million from investor cash, drastically less than its previously projected $288 million. The Org explores the executive team of BuzzFeed that will be going public via SPAC.