Dyal Capital Partners is one of a few names driving a recent surge among private equity firms acquiring minority stakes in other asset managers. Dyal holds so-called GP stakes in more than 40 different investors.
Ackrell SPAC Partners I, a SPAC targeting branded consumer goods, files for a $100 million IPO
Ackrell SPAC Partners I, a blank check company targeting a branded fast-moving consumer goods business, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
Gallagher Promotes John Marchisi to National Director, SPAC Segment
Global insurance and risk management brokerage firm Arthur J. Gallagher & Co. promoted John Marchisi as its new National Director, SPAC Segment within the Financial Institutions practice for its U.S. retail property/casualty brokerage operations.
News alert: Transfix said in talks to go public in reverse merger
Digital freight brokerage could be target of Tuscan Holdings II SPAC.
Forest Road Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Forest Road Acquisition Corp. (the “Company”) announced today the closing of its upsized initial public offering of 30,000,000 units at a price to the public of $10.00 per unit, which includes an exercise of the underwriters’ option to purchase 3,900,000 additional units.
SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Northern Genesis Acquisition Corp.
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Northern Genesis Acquisition Corp. (NYSE:NGA) (“Northern Genesis” or the “Company”) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Northern Genesis, a special purpose acquisition company, will combine with The Lion Electric Company (“Lion”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, and result in Lion becoming a publicly-listed company.
Smart-glass maker View to go public via $1.6 billion SPAC merger
Smart-glass maker View Inc said on Monday it would go public through a $1.6 billion merger with a blank-check company sponsored by Cantor Fitzgerald & Co.
We’re in a bull market and the IPOs and SPACs are benefitting: CEO
James Gellert, RapidRatings CEO joins the Yahoo Finance Live panel to discuss SPAC/IPO trends for 2021.
Eos: Cash In On Biden’s Green New Deal With Energy Storage
Most stocks with exposure to batteries, energy storage, or renewables have taken off this year. This is partly due to industry fundamentals – electric transport is growing like crazy – but it’s also influenced by the Tesla (TSLA) effect. Any stock that looks like Tesla has become a retail investor darling with hopes of getting rich quick.
SPACs are so hot even Jay-Z is partnering with one. He’s set to be the ‘chief visionary officer’ for California’s largest cannabis firm.
Billionaire Jay-Z is joining the company set to be California’s largest cannabis brand as a “chief visionary officer” as part of a SPAC deal announced on November 24. The deal will see a special purpose acquisition company, or SPAC, called Subversive Capital Acquisition Corp., acquiring cannabis brands Caliva and Left Coast Ventures to form The Parent Company, with deal close targeted for January 2021.
GigCapital2 to merge with two telehealth firms in $1.35 billion deal
Blank-check acquisition company GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a digital healthcare company valued at $1.35 billion, the companies said on Monday.
Wealthy Europeans Join SPAC Club in Record Year for Listings
The allure of blank check companies is spreading beyond the U.S., with a host of European business tycoons now plotting deals. Listing a so-called special purpose acquisition company, or SPAC, has been the go-to method for wealthy Americans to raise money for takeovers this year.
Former Netflix Exec Cindy Holland Resurfaces as Board Member of Entertainment-Focused SPAC
Holland has been appointed to the board of Horizon Acquisition Corp. II, which raised $500 million in an IPO earlier this month to seek a “market-leading company in the media & entertainment industry that delivers a unique product or service to consumers.”
Elite Model Merger With Galileo Blank-Check Company Collapses
Model agency Elite Model World’s merger discussions with blank-check firm Galileo Acquisition Corp. have fallen apart without a deal being reached, according to people with knowledge of the matter.
True Wind Capital’s third SPAC Nebula Caravel Acquisition files for a $250 million IPO
Nebula Caravel Acquisition, the third blank check company formed by True Wind Capital targeting the tech sector, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
An Inflection Point For Silver Spike Acquisition Corp. Warrants
Silver Spike Acquisition Corp. has a liquidation deadline on February 12, 2021 and may announce a deal at any time between now and then.
The key focus will be whether the company will merge with a cannabis or non-cannabis target.
Pershing Square Holdings Very Attractive At 28.5% Discount To Understated NAV
Pershing Square Holdings is a closed-end fund trading in London and Amsterdam.
It trades at a 28.5% discount to net asset value, which is a lot in a relative and absolute sense.
The fund has exposure to sponsorship warrants in the largest SPAC in history that are likely undervalued on its book.
The Looming SPAC Meltdown
How hedge fund traders known as the SPAC Mafia are driving an $80 billion investment boom with a no-lose trade.
A Tesla rival is going public at a $5.4 billion valuation via a SPAC set up by Marvel Comics’ ex-CEO
London-based Arrival will combine with US firm CIIG Merger. The combined company expects to list on the NASDAQ under the ticker symbol “ARVL.”
Video Interview with MP Materials James Litinsky, Founder & CEO
Interview with James H. Litinsky is the Founder, Chairman & Chief Executive Officer of MP Materials (NYSE: MP) Benzinga’s SPACs Attack.