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.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Alberton Acquisition Corporation
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 and EMMAC Life Sciences Limited Announce Termination of Negotiations
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.
Video: Who ya gonna call when taking your company public?
Mark Scudder discusses acquisitions, IPOs and more with FreightWaves CEO Craig Fuller during the FreightTech Venture Summit
Goldman’s U.S. head of SPACs sees investors getting indigestion
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.
Report – DFIN U.S. IPO Report – October 2020
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.
Aeva, which makes lidar sensors for autonomous cars, plans to go public via SPAC merger
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.
2020 BIO Investor Forum Digital: Why biotechs have been choosing SPACs in 2020
This year has been a record year for Biotech initial public offerings (IPOs), with total deal value already up by 58% compared with all of 2019.
Breakingviews – SPACs give Wall Street another slice of the pie
nvestment banks know a fee opportunity when they see it. And this year, the big opportunity has been offerings of special purpose acquisition companies, which list shares on the public market with the intention of buying another business later.
ChargePoint To Go Public In Another Signal Of Surge In EV Popularity
Investors are paying attention to ChargePoint, Inc. One of the world’s first and largest electric vehicle (EV) charging networks, it has revealed that it will go public by merging with Switchback Energy Acquisition Corp. The deal will value the company at $2.4 billion.
Lion Electric In Merger Talks With Northern Genesis
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 companies, public ownership of professional…