A SPAC II Acquisition Corp. (NASDAQ: ASCBU) (“A SPAC II” or the “Company”) announced the pricing of its initial public offering of 18,500,000 units at a price of $10.00 per unit.
Revelation Biosciences, Inc., a Life Sciences Company Developing Therapeutics and Diagnostics for Respiratory Viral Infections, Including COVID-19, to Become Publicly Traded Through a Merger with Petra Acquisition, Inc.
Revelation Biosciences, Inc., a clinical-stage life sciences company focused on the development of immunologic‑based therapies for the prevention and treatment of disease, and Petra Acquisition, Inc., today announced they have entered into a definitive merger agreement for a business combination that will result in Revelation becoming a publicly-traded company.
Yellowstone Acquisition Company To Restate 2020 Financial Statements To Address the Recent SEC Pronouncement on Accounting for Warrants Issued by Special Purpose Acquisition Companies
Yellowstone Acquisition Company announced that the company will restate its 2020 financial statements as filed in its Annual Report on Form 10-K to account for recent changes in accounting for warrants issued by SPACs.
Motion Acquisition Corp. and DocGo Announce DocGo’s Record Preliminary First Quarter 2021 Results
Motion Acquisition Corp. a publicly traded special purpose acquisition company, announced today that its merger partner Ambulnz, Inc., dba DocGo, a leading provider of last-mile telehealth and integrated medical mobility services, has disclosed select preliminary unaudited financial results for its first quarter ended March 31, 2021.
Kennedy introduces SPAC Act to increase transparency surrounding blank-check companies
Sen. John Kennedy (R-La.) today introduced the Sponsor Promote and Compensation (SPAC) Act, which would provide greater transparency for investors involved with Special Purpose Acquisition Companies (SPACs), also known as blank-check companies.
QuantumScape Announces Response to SEC Guidance Applicable to Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)
QuantumScape is announcing that as a result of recent guidance provided by the SEC on April 12, 2021 regarding the accounting and reporting of warrants issued by SPACs, it will restate its consolidated financial statements as of and for the year ended December 31, 2020 to change the accounting treatment of its public and private placement warrants.
DoubleLine Publishes Paper: “SPAC Impact on Leveraged Finance Markets”
In a new research paper, Robert Cohen, CFA, Director of the Global Developed Credit team at DoubleLine Capital LP, studies the impact of special purpose acquisition companies (SPACs) on target companies and their debt before and after the targets’ merger into SPACs.
Brilliant Acquisition Corporation: New SEC Guidance Relating to SPAC Warrants, Its Effect on the Company’s Periodic Filings and Compliance with Nasdaq Rules
Brilliant Acquisition Corporation announced today that, as the result of the SEC’s recent guidance, released on April 12, 2021 relating to the accounting treatment of certain warrants issued in connection with SPAC issuers, that the Company is conducting an analysis of the effect of the SEC’s guidance (if any) on the accounting treatment of its warrants.
Navya and REE Automotive announce that they have signed an agreement to develop a level 4 autonomous system including REE corner technology and Navya self-driving solutions
Navya, a leading company in autonomous driving systems, and REE Automotive, a leader in e-Mobility which recently announced its merger with 10X Capital Venture Acquisition Corp.
Robbins Geller Rudman & Dowd LLP Launches SPAC Task Force
Robbins Geller has formed a dedicated SPAC Task Force comprised of experienced securities and M&A lawyers.
Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia, Plans to Go Public in Partnership with Altimeter
Grab Holdings Inc. (“Grab”), Southeast Asia’s leading superapp, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: “AGC”) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company.
Lilium announces intention to list on Nasdaq through a merger with Qell Acquisition Corp., and reveals development of its 7-Seater electric vertical take-off and landing jet
Lilium positioned to be the global leader in regional electric air mobility, with the development of its electric vertical take-off and landing jet, has entered into a definitive business combination agreement with Qell Acquisition Corp.
WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp
BUSINESS WIRE)–WeWork, the leading flexible space provider, and BowX Acquisition Corp. to merge.
Arbe Robotics Ltd., a Global Leader in High-Resolution 4D Imaging Radar Technology, Expected to List on the Nasdaq Through a Merger with Industrial Tech Acquisitions, Inc.
Arbe Robotics, a leading provider of next-generation 4D Imaging Radar solutions, and Industrial Tech Acquisitions, Inc. (NASDAQ: ITAC) jointly announced that they have entered into a #definitive business combination agreement.
eToro, the world’s leading social investment network, to become publicly traded through business combination with FinTech Acquisition Corp. V
eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, and FinTech Acquisition Corp. V announced today that they have entered into a definitive business combination agreement.
InvestaX Launches World’s 1st Digital SPACs
InvestaX, pioneers and creators of next generation technology driven investment products, announces the launch of the world’s first Digital SPACs, using smart contracts and blockchain technologies.
Hippo to Go Public in Merger with Reinvent Technology Partners Z; Company is Transforming the Home Insurance Industry
Hippo Enterprises Inc. the home insurance group that created a new standard of care and protection for homeowners, has entered into a definitive business agreement with Reinvent Technology Partners Z.
Doma, a Leading Force for Disruptive Change in the Residential Real Estate Industry, Announces Plans to Become Publicly-Traded via Merger with Capitol Investment Corp. V
-Doma, formerly known as States Title, a leading force for disruptive change in the real estate industry, has entered into a definitive business combination agreement with Capitol Investment Corp. V.
Fusion Acquisition Corp. II Announces Closing of $500 Million Initial Public Offering
Fusion Acquisition Corp. II (NYSE: FSNB.U) (the “Company”) today announced that it closed its initial public offering of 50,000,000 units, including 6,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $500,000,000.
Beacon Street Group, a Leading Subscription Platform for Financial Research, Software and Education, to Become Publicly Traded via Combination with Ascendant Digital Acquisition Corp.
Beacon Street Group, LLC (“Beacon Street” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, and Ascendant Digital Acquisition Corp.