Nebula Caravel Acquisition Corp.: insider trades · United States · SEC (Form 4)

About Nebula Caravel Acquisition Corp.

Nebula Caravel Acquisition Corp. was a U.S.-based special purpose acquisition company (SPAC) created to complete a merger, stock exchange, asset acquisition, reorganization, or similar business combination with a target company. In SEC filings, the company stated that it was incorporated in Delaware on October 2, 2017, and later came public in 2020 on the Nasdaq under the ticker NEBC. Its IPO was structured as a capital-raising vehicle intended to fund a future combination rather than to operate a conventional standalone business. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1806201/000119312521098457/d119516ds1.htm?utm_source=openai)) Nebula Caravel was sponsored by True Wind Capital and led by Adam H. Clammer and James H. Greene, Jr. The company described its acquisition strategy as focused on partnering with a high-quality technology business, placing it in the category of growth-oriented SPAC sponsors. At the SPAC stage, Nebula Caravel did not have operating products or services in the traditional sense; its core asset was its public-market listing, its sponsor network, and its ability to identify and execute a successful transaction. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1826018/000119312521163859/d175082dex991.htm?utm_source=openai)) The defining recent milestone in the company’s history was its merger with A Place for Rover, Inc. On July 30, 2021, Nebula Caravel completed the business combination, changed its name to Rover Group, Inc., and became the public-market vehicle for Rover’s online marketplace for pet parents and pet service providers. Subsequent SEC disclosures describe the business as headquartered in Seattle, Washington, with offices in Spokane, Washington, and an international presence in Barcelona, Spain. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1826018/000162828021023560/R9.htm?utm_source=openai)) For investors, Nebula Caravel should be viewed less as a traditional operating company and more as a former SPAC listing on the Nasdaq in the United States that served as a capital-markets bridge into Rover Group. Its competitive profile was therefore largely financial and execution-driven: sponsor credibility, deal sourcing, merger completion, and governance quality. After the combination, the economic exposure shifted to a digital pet-services platform, with revenue logic tied to marketplace connectivity, tools, support, and related services rather than to physical products or heavy industrial assets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1826018/000156459021039544/rovr-ex991_6.htm?utm_source=openai))