BATON ROUGE, La., Sept. 14, 2021 (GLOBE NEWSWIRE) -- BBQ Holding, LLC, a leading specialty e-commerce platform for higher-end BBQ grills, grilling accessories and outdoor living products for both homeowners and professional builders ("BBQGuys" or the "Company"), today announced the appointment of Erin Kennedy Ryan as Chief Legal Officer, effective immediately. Ms. Ryan brings more than 15 years of legal and business experience with an impressive track record of supporting consumer and e-commerce divisions on corporate legal issues for some of the world's leading public & private companies, including most recently for a Fortune 200 multi-national consumer and industrial products company.

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers. What Happened: SPACs can terminate deals for numerous reasons including a change in valuation sentiment, missing deadlines or news items coming from the acquisition target. When SPACs call off deals, they lose the time and money spent to research and attempt to close a deal. The termination also sends the team back to the drawing board to try and find a new acquisition target. SPACs have a deadline date to meet, which is typically 24 months from its IPO date. With deals called off, many companies

Velocity Acquisition Corp. (NASDAQ:VELO) (the "Company") announced today that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "Amended Charter"), the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter, effective as of the close of business on December 20, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at an anticipated per-share redemption price of approximately $10.00. As of the close of business on Decem

BATON ROUGE, La., Nov. 10, 2021 (GLOBE NEWSWIRE) -- BBQ Holding, LLC ("BBQGuys"), a leading specialty e-commerce platform for higher-end BBQ grills, grilling accessories and outdoor living projects for both homeowners and professional builders, and Velocity Acquisition Corp. ("Velocity") (NASDAQ:VELO), a publicly traded special purpose acquisition company, announced today that the companies have mutually agreed to terminate their previously announced agreement and plan of merger (the "Business Combination Agreement"), effective immediately. The parties decided to terminate the Business Combination Agreement as a result of current supply chain factors that are affecting the results of the

BATON ROUGE, La., Sept. 14, 2021 (GLOBE NEWSWIRE) -- BBQ Holding, LLC, a leading specialty e-commerce platform for higher-end BBQ grills, grilling accessories and outdoor living products for both homeowners and professional builders ("BBQGuys" or the "Company"), today announced the appointment of Erin Kennedy Ryan as Chief Legal Officer, effective immediately. Ms. Ryan brings more than 15 years of legal and business experience with an impressive track record of supporting consumer and e-commerce divisions on corporate legal issues for some of the world's leading public & private companies, including most recently for a Fortune 200 multi-national consumer and industrial products company.

The leading e-commerce retailer for grilling and outdoor living products will feature the entire Manning family, including Archie and his three boys, Peyton, Cooper, and Eli in a new national broadcast spot and accompanying digital shorts. BBQGuys, the leading e-commerce retailer of grills, grilling accessories, and outdoor living products for both homeowners and professional builders, announced today that the brand will be releasing a new national advertising campaign featuring the entire Manning Family: Archie Manning and his three sons Peyton, Cooper, and Eli. The new spot, entitled "Around The Grill" will be broadcast during SEC football games this fall on both ESPN and The SEC Networ

Built from lasting materials and designed to withstand unreasonably harsh conditions, VictoryTM grills are crafted to outperform their weight class and join BBQGuys' growing portfolio of owned brands that prioritize quality without sacrificing affordability BBQGuys, the leading e-commerce retailer for grilling and outdoor living products, announced today that the company has launched a new line of "VictoryTM" grills, a BBQGuys-owned brand that drastically reimagines the expectation of quality and affordability for the entry-level grill market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210830005201/en/Gas Grill (VCT3BSB) (Ph

BBQGuys has entered into a definitive business combination agreement with special purpose acquisition company Velocity Acquisition Corp. (NASDAQ:VELO)BBQGuys is a leading specialty e-commerce and content platform for grills, grilling accessories and outdoor living products and enthusiasts, selling top third party products and outdoor solutions to retail and professional customersBBQGuys has an emerging owned-brands portfolio focused on filling gaps in the market using a data-driven approach and an expanding wholesale/retail distribution networkBBQGuys delivers a proven track record of growth and profitability, including 43 consecutive quarters of YOY top-line growth and positive EBITDAThe tr

RIDGEFIELD, Conn., May 17, 2021 /PRNewswire/ -- &vest, an investment platform founded in 2019 focused on SPACs and private investments, today announced that Bill Hinman has joined the company as Partner. Hinman served as Director of Corporation Finance at the U.S. Securities and Exchange Commission (SEC) from 2017 to 2020, where he was primarily responsible for overseeing regulations and processes for initial public offerings and other corporate disclosures.    During his tenure at the SEC, Mr. Hinman spearheaded nearly 50 policy and rulemaking initiatives designed to strengthen public markets as well as modernize and improve the framework for companies accessing capital markets, including

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