A team of blank-check company dealmakers is seeking to raise $100 million for a fund that will invest exclusively in special purpose acquisition companies.
S-1/A – Sports Entertainment Acquisition Corp.
Filed: 2020-09-28 AccNo: 0001140361-20-021735 Source: SEC S-1 Filings – S-1/A – Sports Entertainment Acquisition Corp. (0001820852) (Filer) Tags: S-1 Filing,…
S-1/A – FG New America Acquisition Corp.
Filed: 2020-09-28 AccNo: 0001104659-20-109169 Source: SEC S-1 Filings – S-1/A – FG New America Acquisition Corp. (0001818502) (Filer) Tags: FG…
SPAC shareholders approve merger to make Hyliion public
Shareholders in special purpose acquisition company (SPAC) Tortoise Acquisition Corp. (NYSE: SHLL) voted Monday to make startup electric drivetrain maker Hyliion Inc. a public company worth more than $7.2 billion.
SPACs Have Raised More in 2020 Than the Last 10 Years Combined
Blank-check companies are having a record-breaking year, raising about $41 billion so far, according to data compiled by Bloomberg.
Alec Gores strikes again with biggest SPAC merger to date
The SPAC boom just became a little bigger. Gores Holdings IV, a special-purpose acquisition company that raised $425 million at the start of the year, has agreed to combine with United Wholesale Mortgage in a reverse merger that will value the mortgage origination provider at roughly $16.1 billion, marking the largest SPAC merger on record, the company said.
S-1 – Bridgetown Holdings Ltd
Filed: 2020-09-23 AccNo: 0001213900-20-028092 Source: SEC S-1 Filings – S-1 – Bridgetown Holdings Ltd (0001815086) (Filer) Tags: Bridgetown Holdings, Peter…
Peter Thiel joins the SPAC boom
Peter Thiel is involved in a new SPAC that on Wednesday filed for a $575 million IPO, becoming the latest Silicon Valley tech investor to ride Wall Street’s hottest wave.
S-1/A – GoodRx Holdings, Inc.
Filed: 2020-09-22 AccNo: 0001193125-20-250579 Source: SEC S-1 Filings – S-1/A – GoodRx Holdings, Inc. (0001809519) (Filer)
Egregious Founder Shares. Free Money for Hedge Funds. A Cluster***k of Competing Interests. Welcome to the Great 2020 SPAC Boom.
It’s a brilliant, blue-sky afternoon in mid-August, and Bill Ackman is enjoying being, well, Bill Ackman.
Maybe it’s the sun. Or maybe it’s the aftermath of his latest tour de force — the IPO of a $4 billion special-purpose acquisition company, or SPAC, the largest of its kind during a year when such blank-check deals are exploding.
S-1/A – FinTech Acquisition Corp. IV
Filed: 2020-09-23 AccNo: 0001213900-20-027915 Source: SEC S-1 Filings – S-1/A – FinTech Acquisition Corp. IV (0001777835) (Filer) Tags: S-1 Filing,…
S-1/A – VG Acquisition Corp.
Filed: 2020-09-23 AccNo: 0000950103-20-018549 Source: SEC S-1 Filing – S-1/A – VG Acquisition Corp. (0001804591) (Filer) Tags: S-1 Filing, SEC,…
Big Law Firms Scramble to Cash in on Blank-Check Bonanza
New York lawyer Douglas Ellenoff’s firm was the go-to adviser for “blank-check” initial public offerings long before the niche market exploded into the most fashionable way to go public.
Law firms could make hundreds of millions of dollars on the SPAC boom, as elite firms elbow in on a growing market
SPACs used to be a small segment of the market, but elite law firms have flocked to the sector in…
Webinar Event: Special purpose acquisition companies (SPACs): a popular alternative path to the public markets
Ernst & Young will be hosting a SPAC webinar on September 23, 2020 at 11 AM EDT. During this webcast, Ernst & Young will review the latest trends driving this rise in SPAC transactions.
Alpha Healthcare Acquisition Corp. Announces Pricing of $100,000,000 Initial Public Offering
Alpha Healthcare Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, September 18, 2020
ChargePoint joins growing list of clean energy firms going public via SPAC
EV charging company ChargePoint is “nearing a deal to go public through a reverse merger” that could value the company at more than $2 billion.
Spartan Energy Has a Long Road to Revenue, So Skip It
Spartan Energy Acquisition (NYSE:SPAQ) stock came to prominence only a few weeks ago. Prior to the Fisker deal, it wasn’t much talked about outside of niche circles.
Billionaire Richard Branson to raise $400 million for new SPAC as it looks to expand its Virgin empire
Billionaire Richard Branson, who is founder of the Virgin Group has joined the “blank-check” frenzy and is looking to raise $400 million to fund a possible takeover.
S-1/A – Executive Network Partnering Corp
Filed: 2020-09-14 AccNo: 0001193125-20-245008 Source: SEC Filings – S-1/A – Executive Network Partnering Corp (0001816261) (Filer) Tags: Executive Network Partnering…