Soaring Eagle Acquisition Corp., Led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker Announces Completion of $1.725 billion IPO

NEW YORK--(BUSINESS WIRE)--Soaring Eagle Acquisition Corp. (the “Company”), the seventh public acquisition vehicle led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker today announced the closing of its initial public offering of 172,500,000 units, including 22,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a price of $10.00 per unit. Each unit issued in the initial public offering consists of one Class A ordinary share and one-fifth of one warrant to purchase one Class A ordinary share at an exercise price of $11.50 per share. The units are listed on the Nasdaq Capital Market (“Nasdaq”) and began trading under the ticker symbol “SRNGU” on February 24, 2021. After the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “SRNG” and “SRNGW,” respectively.