QVC Group, Inc. Series A Common Stock (QVCGA)
QVC Group, Inc. Series A (QVCGA) is a special purpose acquisition company (SPAC) focused on identifying and acquiring businesses in the retail and consumer sectors. It was established to facilitate mergers or acquisitions, providing a platform for private companies to go public through a timely and efficient process. The company is involved in fundraising, investor relations, and strategic planning to support its acquisition targets within the retail industry.
Company News
QVC Group announced a semi-annual interest payment of $18.75 per $1,000 principal and a Regular Additional Distribution of $0.4257 per $1,000 for its Senior Exchangeable Debentures due in 2030, related to dividends from T-Mobile and Lumen Technologies.
QVC is launching the second year of its 'Age of Possibility' mission, a cross-category TikTok Shop Super Brand Day event on May 14 in Santa Monica. The event will feature inspiring speakers, immersive experiences, and appearances by QVC's Q50 ambassadors, including new members Hoda Kotb, Carla Rockmore, and Kathy Hilton.