How Mat Ishbia Cashed In On The Biggest SPAC Ever: From Benchwarmer To $13 Billion

Jan 23, 2021, 16:22 PM by Antoine Gara

Ishbia is handing out a different sort of party favor: stock worth at least $1,000 to all 8,000 of UWM’s employees—including the 800 who will start this month alone—a small drop in the bucket in the company’s just-completed public offering, the biggest SPAC deal in history.

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