Super Group is to combine with Sports Entertainment Acquisition Corp. to create a New York Stock Exchange-listed global gaming company, according to a statement.
With Its SPAC Merger Complete, Paysafe Is Ready for a Turnaround
Now that the hype phase has faded, enterprising investors can scoop up shares of PSFE stock for a cheaper price.
Former NYSE CFO: SPACs are ‘here to stay’
In 2020, 219 SPACs raised $73 billion in proceeds, Business Insider reported. That’s a 462% year-over-year jump in proceeds raised using the process, outpacing traditional IPOs, which raised $67 billion year-to-date. Companies including Virgin Galactic, AppHarvest and DraftKings have chosen the SPAC approach.
Investment firms’ SPAC EG Acquisition files for a $250 million IPO
EG Acquisition, a blank check company formed by EnTrust Global and GMF Capital, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
SPAC Siddhi Acquisition files for a $200 million IPO, targeting the food and beverage industry
Siddhi Acquisition, a blank check company formed by Siddhi Capital targeting the food and beverage industry, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
Exclusive: Phyllis Newhouse And Isabelle Freidheim Are Busting Up The SPAC Boys’ Club By Bringing Athena To Market
During Phyllis Newhouse’s 22-year career in the military, the cybersecurity expert took a two-week class in networking at the U.S. Army Senior Leadership Academy. The test at the end of the course was a doozy: Every officer was required to know and explain the ways in which her 100 classmates connected to each other.
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.
Markforged to Become Publicly Listed Through Merger With One SPAC
Markforged, creator of an integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced it has agreed to merge with One.
2 Healthcare SPACs to Watch in 2021
Special Purpose Acquisition Companies (SPACs) are essentially blank check companies with the backing of sophisticated institutional investors. SPACs raise money through an IPO solely to acquire another company.
TPG-backed SPAC to take online learning platform Nerdy public in $1.7 bln deal
A blank check company backed by private equity firm TPG said on Friday it will take Nerdy Inc public through a merger, in a deal valuing the online learning platform at $1.7 billion.
Michael Moe, fresh from raising $225M for education-focused SPAC, set for another free Startup Bootcamp
Veteran startup investor Michael Moe is diving headfirst into a new education-focused venture while getting set for Part II of another one he launched last summer.
Colonnade: Under The Radar Lidar SPAC
While other lidar stocks have zoomed higher following SPAC deals, Colonnade Acquisition (CLA) still trades around $13. Back on December 22, the SPAC agreed to a business combination with lidar sensor developer Ouster which will trade under “OUST” on the NYSE.
EVBox to Present at 23rd Annual ICR Conference
EVBox Group, a leading global provider of smart charging solutions for electric vehicles (“EV”), today announced that the Company will participate at the 23rd Annual ICR Conference. Kristof Vereenooghe, President and CEO, will present on Wednesday, January 13, 2021.
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”)
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.
The 7 Best 2020 SPACs That Could Make You More Money
This year has seen an incredible increase in interest surrounding special purpose acquisition companies (SPACs). In fact, many companies have come to the market via this path. These companies do not have operations, but instead exist to raise capital via an initial public offering (IPO) to fund the company they merge with.
Equity Commonwealth: A Grave-Dancing SPAC In Disguise
Equity Commonwealth (NYSE: EQC) is a cash box trading for ~90 cents on the dollar. With ~$3 billion in cash, $25 million in debt, four office properties, and grave dancer Sam Zell at the helm
Michael Klein’s SPAC Churchill Capital Corp V prices upsized $450 million IPO at $10
Churchill Capital Corp V, the fifth blank check company founded by dealmaker and former Citi executive Michael Klein, raised $450 million by offering 45 million units at $10.
EVBox Group To Go Public On NYSE
EV charging leader EVBox is the latest electric vehicle related company planning to go public. It intends to do so through TPG Pace Beneficial Finance (NYSE: TPGY.U, TPGY, TPGY WS).
Lightning eMotors to go public in 2021, seeks to raise $270M
Lightning eMotors, a Loveland-based developer and manufacturer of electric powertrains, is going public on the New York Stock Exchange next year.