Special Purpose Acquisition Companies (SPACs), have seen a resurgence in popularity over the past 2 years, and it’s easy to see why.
Advent Technologies, an innovation-driven company in the fuel cell and hydrogen technology space, today announced the appointment of Katherine E. Fleming as a new Member of its Board of Directors, in the context of its planned merger with AMCI Acquisition Corp (NASDAQ: AMCI) and the upcoming Nasdaq listing.
MultiPlan (NYSE: MPLN) shares went down over 20% before ending at to $7.01 on Wednesday. This dive comes after Muddy Waters Research releases a short report titled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.”
In a recent installment of the Capital Markets Series, I joined Jon Campagna, CFO of Virgin Galactic, and other experienced advisors and professionals from KPMG and BofA to discuss how private companies can unlock capital-raising opportunities offered by “blank check” investors, also known as SPACs.
Blank-check company Jaws Acquisition Corp JWS.N plans to take healthcare provider Cano Health LLC public in a $4.4 billion deal including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
CBRE, the world’s largest real estate services firm, has formed a blank-check company, called CBRE Acquisition Holdings.
HASAQUE Equity Research, a SPAC-focused equity research provider founded by a team of former senior consultants at EY, is coming out of stealth with the release of three due diligence-based reports on Playboy, BankMobile, and E2open – all are due to go public via SPAC mergers in the coming months.
Tishman Speyer has launched a $300 million blank check company that will invest in proptech firms, according to an S1 filed with the SEC Monday.
SPACs — special purpose acquisition corporations — have come a long way from being regarded as the “skunk at the garden party” to a welcome investment vehicle.
This year’s stock market boom has coincided with a boom in new listings.
A blank-check company backed by former Citigroup Inc. rainmaker Michael Klein is among the parties interested in buying a stake in AT&T Inc.’s DirecTV satellite-television business, according to people with knowledge of the matter.
Netfin (NFIN) is a blank check company incorporated in April 2019. It had a $255M SPAC IPO in August 2019. As their management team had vast experience in both capital markets and fintech space, their focus was to target a fintech business.
Special purpose acquisition companies (SPACs) are resurging as a virtually hassle-free alternative to initial public offerings (IPOs). They’ve been around for years, but are just now becoming a factor for biotech.
The SPACs with sports executives keep coming. The latest is Capitol Investment Corp. V, a blank-check firm from Washington, D.C. sports veterans seeking $300 million in an IPO it filed to conduct.
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Alberton Acquisition Corporation (“ALAC” or the “Company”) (NASDAQ: ALAC) in connection with the Company’s proposed merger with SolarMax Technology, Inc. (“SolarMax”), a privately-held integrated solar energy company.
Andina Acquisition Corp. III (NASDAQ: ANDA, ANDAW, and ANDAU) (“Andina”) and EMMAC Life Sciences Limited (“EMMAC”) announce that they have today mutually terminated negotiations regarding the proposed business combination between the parties, pursuant to which EMMAC was expected to become a publicly traded company on the NASDAQ Stock Market.
Mark Scudder discusses acquisitions, IPOs and more with FreightWaves CEO Craig Fuller during the FreightTech Venture Summit
Ten months into 2020, a record $61 billion has been raised in initial public offerings by blank-check firms—but investors may be more discerning from here on.
DFIN has published their October U.S. IPO Report. 53 SPACs were added in October making the YTD total 169 with a total valuation of ~$57.61 billion.
A hot startup called Aeva Inc. that develops lidar-based technology for autonomous vehicles, said today it’s planning to go public in a “blank check” merger that will value it at over $2.1 billion.