The Lion Electric Co., a maker of electric vehicles such as yellow school buses, is in talks to go public through a merger with blank-check firm Northern Genesis Acquisition Corp., according to people with knowledge of the matter.
Healthcare Merger Corp. Shareholders Approve SOC Telemed Deal
Healthcare Merger Corp. (NASDAQ:HCCO) announced that their shareholders have voted and approved its business combination with SOC Telemed today.
EV Maker Fisker To Make NYSE Trading Debut Today After SPAC Merger
Electric vehicle maker Fisker Inc announced Thursday it has completed a reverse merger with the blank check company Spartan Energy Acquisition Corp SPAQ 0.11%.
SPAC: Och-Ziff founder’s Ajax I prices $750 million IPO at $10
Ajax I, a blank check company formed by Och-Ziff’s Daniel Och and MSD Capital’s Glenn Fuhrman, raised $750 million by offering 75 million units at $10, as expected. Each unit consists of one share of common stock and one-quarter of a warrant, exercisable at $11.50.
6 Questions To Ask Before Joining A SPAC Board
Special purpose acquisition companies (SPACs) are all the rage right now (even the Oakland A’s Billy Bean launched one). SPACs need board members, and a lot of CFOs are being asked to join SPAC boards. Should you, an experienced CFO with great business insights and public company experience, join the board of a SPAC?
Cannabis SPAC on the Cusp of Becoming a REIT Operator
A Toronto-based company is set to become the first cannabis operation to transition to the real estate investment trust (REIT) model.
INTERVIEW: DLA Piper’s Jeff Selman on the Year of the SPAC
2020 has meant a lot of things to different people. But for Jeff Selman, a partner at DLA Piper, who advises on the creation and funding of SPACs to take companies public, it’s been an extremely busy year.
Fisker to Debut Wednesday in Latest SPAC Blank Check Offering
Fisker will make its public debut on Wednesday in a so-called SPAC reverse merger with Spartan Energy Acquisition that will net it more than $1 billion in cash
Latham & Watkins Advises Lux Health Tech Acquisition Corp. in $300 Million IPO
Lux Health Tech Acquisition Corp, has announced the pricing of its initial public offering of 30,000,000 units at a price of US$10.00 per unit.
Video: Boehly Eyes Financial Services, Sports, Media With SPACs Cash
Todd Boehly, chairman and chief executive officer at Eldridge Industries, discusses the sector acquisition targets for his two so-called blank-check…
Q&A: Genius Sports CEO Mark Locke Describes Vision As Public Company
Mark Locke sees the U.S. as an emerging growth market for sports betting.
Lordstown Motors shares pop in volatile Nasdaq trading debut
KEY POINTS Shares of Lordstown Motors surged nearly 20% during the company’s public debut on the Nasdaq. The stock jumped…
Social Capital Hedosophia Will Disrupt Real Estate In All The Right Ways
Opendoor’s new SPAC deal is just the next way tech disrupts traditional industries — and profits from it. This time, the target is real estate.
Michael Klein’s SPAC Churchill Capital Corp V upsizes IPO
Churchill Capital Corp V CCV_u.N, a special purpose acquisition company (SPAC) backed by former Citigroup banker Michael Klein, upsized its initial public offering to $400 million on Thursday.
Life Sciences Snapshot – A Quarterly Report on Financing Trends – Q3 2020
In this edition of Orrick’s series of life sciences publications, the traditional update on broader venture market financing data is included, depicting the macro-level trends of interest. In addition, given their surge in popularity, SPACs and their particular utility to life sciences businesses are the subject of this edition’s spotlight.
Bain execs Adam Koppel and Jeffrey Schwartz line up $125M for their first blank check deal as Wall Street continues to embrace biotech
Adam Koppel and Jeffrey Schwartz have jumped into the blank check game, raising $125 million for a stock listing in search of a company.
Used car consignment store CarLotz agrees deal to go public
CarLotz Inc said on Thursday it has agreed to go public through a merger with blank-check acquisition company Acamar Partners Acquisition Corp ACAM.O which values the U.S. consignment store for used vehicles at $827 million, including debt.
The SPAC craze looks for a foothold in London, but may be falling flat
The London Stock Exchange is reportedly exploring ways to attract SPACs to the UK. When Mariposa Capital founder Martin Franklin…
Birth of a SPAC: Ex-GM executive hunting next-gen mobility target
Former General Motors (NYSE: GM) executive Barry Engle and his team at Qell Acquisition Corp. raised $380 million in less…
Shaq Moves Into SPACs With Former Disney Execs & MLK Jr.’s Son
NBA icon Shaquille O’Neal is taking his talents to the public market, alongside one of Martin Luther King Jr.’s sons…