Gaming & Hospitality Acquisition, a blank check company formed by Affinity Gaming targeting the gaming and hospitality sectors, filed on Friday with the SEC to raise up to $150 million in an initial public offering.
Subversive Capital Acquisition Corp. Closes The Largest Cannabis SPAC In History
The Parent Company, Formerly Subversive Capital Acquisition Corp., has Completed its Qualifying Transaction and is Now the Largest Vertically Integrated Cannabis Operation in California
Steve Jurvetson and Maryanna Saenko on their new fund, SPACs and the great tech exodus
Future Ventures — cofounded by venture capitalist Steve Jurvetson and Maryanna Saenko, a colleague of Jurvetson at his last firm, DFJ, as well as an investor previously with Airbus Ventures and Khosla Ventures — has closed its second fund with $200 million in capital commitments, say the pair.
These blank-check firms are courting proptech deals
It’s a good time to be a startup aspiring to go public. Investors plowed more than $83 billion into blank-check companies last year — and 11 days into 2021, they’ve invested $7.2 billion more.
EV-Tech Company Proterra to Go Public Through ArcLight SPAC
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
SoFi, A Leading Next-Generation Financial Services Platform, to Become Publicly-traded via Merger with Social Capital Hedosophia
Social Finance, Inc. (“the Company” or “SoFi”), a leading next-generation financial services platform, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V (“SCH”) (NYSE: IPOE), a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets.
Speculative “Blank Check” Companies Surround Tony Blinken, Biden Administration
SPACs have attracted recent attention because of Pine Island Acquisition Corp., a SPAC with close ties to the Biden administration.
Intercontinental Exchange Announces Bakkt to Become a Publicly Traded Company via Merger with VPC Impact Acquisition Holdings
Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced that Bakkt Holdings, LLC (“Bakkt”)
Singapore VC’s SPAC Vickers Vantage I prices upsized $120 million US IPO
Vickers Vantage I, a blank check company formed by Singapore-based Vickers Venture Partners, raised $120 million by offering 12 million units at $10.
SPAC attack: Southeast Asian unicorns ditch conventional IPOs
A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors.
Jon Ledecky and Joanna Coles Seek $300 Million For New Commerce SPAC
Fresh off of securing a deal for their first special purpose acquisition company, New York Islanders owner Jon Ledecky and media entrepreneur Joanna Coles have teamed up for a sequel, a $300 million blank check firm named North Star Acquisition II.
Billionaire Ken Moelis Suggests Sports Betting as Target in New SPAC
Billionaire banker Ken Moelis’ new special purpose acquisition company may target sports betting or media, among a wide swath of potential areas the blank check firm mentions in its prospectus filed with the SEC today.
Brad Feld-backed SPAC debuts on the New York Stock Exchange
Crucible Acquisition Corp. (NYSE: CRU.U), a special-purpose acquisition company based in Boulder with backing from Foundry Group executives, has begun trading on the New York Stock Exchange as it awaits a buyer.
Turo Plans to Go Public
Peer-to-peer car rental company Turo plans go public in 2021, according to a Jan. 1 interview in the Wall Street Journal with Turo CEO Andre Haddad.
DraftKings/Skillz SPAC Team Announces New IPO By Spinning Eagle Acquisition Corp.
It seems like December is going to pack an extraordinary amount of movement in the commercial gaming space.
Clearlake-backed Janus International to merge with SPAC
Metal windows and doors maker Janus International Group LLC, backed by private equity firm Clearlake Capital, said on Tuesday it is merging with a blank-check company Juniper Industrial Holdings Inc.
PIC Stock: Pivotal Shares Soar Ahead of XL Fleet SPAC Merger Vote
The shares of Pivotal Investment (NYSE:PIC) were up more than 21% after the opening bell ahead of a shareholder vote on the SPAC merger of the company with XL Fleet. So what do you need to know about PIC stock here?
What the $614M CareMax SPAC Deal Could Mean for Senior Living Providers
A transaction announced last Friday provides another sign of the increasing role of special purpose acquisition companies (SPACs) in shaping how older adults receive care and services.
Indonesian unicorn Traveloka mulls SPAC merger to go public, following Tokopedia
Indonesian travel app Traveloka is evaluating a merger with a special purpose acquisition company (SPAC) as a possible option to go public, Reuters reported on Monday.
Group Nine Media Forms SPAC to Acquire Competitors
Group Nine Media has formed a special purpose acquisition company (SPAC), according to an SEC filing on Monday.