Omeed Malik, Former BofA Executive, Is Said to Join SPAC Frenzy
- Malik and Voboril, merchant bank co-founders, to lead SPAC
- Board set to include SuRo Capital executives, Ryan Kavanaugh
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Omeed Malik, the former Bank of America Corp. managing director who received a multimillion-dollar sum to settle a defamation suit against the firm, is the latest Wall Street executive seeking to raise a special purpose acquisition company.
Malik, 41, who co-founded merchant bank Farvahar Partners, will be chairman and chief executive officer of the vehicle, dubbed Colombier Acquisition Corp., according to people with knowledge of the matter. The SPAC’s chief financial officer is set to be Joe Voboril, a Farvahar co-founder and former BofA executive, the people said.