Special Purpose Acquisition Companies (SPACS) have had increased activity in the cannabis and hemp/CBD industries over the past year.
Spartacus Acquisition Corporation Announces Pricing of $200,000,000 Initial Public Offering
Spartacus Acquisition Corporation announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit.
Real estate technology SPAC PropTech Investment II files for a $175 million IPO
PropTech Investment II, the second blank check company led by partners at Hennessy Capital targeting a real estate technology business, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering.
Buyout interest in Oak Park-based electric truck startup Bollinger presents conflict
Robert Bollinger is in the middle of raising a mere $50 million to get his self-named, Oak Park-based startup’s Hummer-like electric trucks into production.
SoftBank eyes IPO for blank-check acquisition vehicle in 2020
SoftBank Group plans to list a blank-check company in the U.S. as early as this year, in a plan that has already begun stoking concerns about giving unvetted startups access to the equities market.
DiamondPeak Stock Drops on Workhorse News. It’s a Strange Reaction.
Stock in special purpose acquisition company DiamondPeak pulled back from a steeper decline to trade down more than 5% Tuesday afternoon. It apparently is a reaction to an issue involving Workhorse, but that’s wrong-headed. Trading in the stocks should be the other way around.
Exclusive: Supply chain software firm E2open nears deal to go public – sources
U.S. supply chain management software firm E2open LLC is nearing a deal to go public through a merger with blank-check acquisition company CC Neuberger Principal Holdings I at a valuation of more than $2.5 billion, including debt, people familiar with the matter said on Tuesday.
Despite Its Huge Run-Up, Hyliion Stock is Still a Long-Term Buy
HYLN stock is a long-term winner because RNG is an immediately usable clean energy solution for trucking
Atlanta Falcons minority owner behind latest sports-related SPAC
Sports Ventures Acquisition filed with the US securities and exchange commission (SEC) on 9th October with an aim of raising US$200 million from its initial public offering.
SoftBank Plans To Launch SPAC
Japanese investment conglomerate SoftBank is getting in on the special purpose acquisition company, or SPAC, bandwagon, Axios reported Monday.
UPDATE 1-Palihapitiya-backed blank-check firms raise $2.1 bln through IPOs
Three blank-check companies backed by venture investor Chamath Palihapitiya have raised a total of $2.1 billion through initial public offerings, the companies said in separate statements on Thursday.
David Crane is back, with a climate-tech SPAC
One of the hottest 2020 trends in raising capital is infiltrating climate-tech investing. As of mid-September, the stock market had welcomed at least 82 initial public offerings this year by special purpose acquisition companies (SPACs) — organizations that collectively raised more than $31 billion. Last week, former NRG Energy CEO David Crane joined the frenzy.
Clover Health to go public via $3.7 billion deal with Social Capital
U.S. insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III IPOC.N in a deal valued at $3.7 billion including debt, the company said on Tuesday.
Churchill Capital Corp III Stockholders Approve Business Combination with MultiPlan
Churchill Capital Corp III (“Churchill III”) (NYSE: CCXX), a public investment vehicle, announced that in a special meeting held today, its stockholders voted to approve its combination with Polaris Parent Corp., the parent of MultiPlan, Inc. (“MultiPlan”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management solutions to the U.S. healthcare industry, and related matters.
IG Acquisition, Latest SPAC with Possible Gaming Desires, Raises $300 Million in IPO
IG Acquisition Corp. (NASDAQ:IGACU), a special purpose acquisition company (SPAC) founded by former high-level gaming industry executives and a venture capitalist, recently raised $300 million in an initial public offering (IPO).
Driverless Tech Is Here with the Gores Metropoulos SPAC
By now, I’m sure at least some of you are getting quite tired hearing about special purpose acquisition companies, or SPACs. Seemingly every other market debut is a SPAC, essentially a backdoor way of doing an initial public offering. Nevertheless, Gores Metropoulos (NASDAQ:GMHI) stock has attracted much attention and for good reason.
SPAC Company Tekkorp To Focus On Digital Gaming Mergers
Tekkorp Digital Acquisition Co., a new SPAC, with its focus on digital gaming and related companies and a roster of seasoned gambling managers, has applied for registration with the United States Securities and Exchange Commission.
Roman DBDR Tech Acquisition Corp. Files $275 Million SPAC IPO
Roman DBDR Tech Acquisition Corp. is a newly organized blank-check company who filed for a $275 million SPAC initial public offering. The Burlingame, CA based company is offering 27,500,000 units at $10. Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-half of one redeemable warrant.
Hims & Hers goes public through suddenly popular SPAC merger
Hims Inc., the telemedicine and personal care startup, has filed to go public through a merger with blank-check company Oaktree Acquisitions Corp.
The SPAC Trend Now Has Its Own ETF
One of the hottest themes on Wall Street is the proliferation of special purpose acquisition companies (SPACs) and where there’s a hot theme, an exchange traded fund usually isn’t far behind.