Author: Marlena Haddad

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Montes Archimedes Acquisition Corp. (MAAC) Shareholders Approve Roivant Sciences Deal

Montes Archimedes Acquisition Corp. (NASDAQ:MAAC) announced that it experienced high redemptions, but secured shareholder approval of its combination with biotech firm Roivant Sciences at a special meeting yesterday.

A total of 38,400,312 shares, representing about 93.5% of all outstanding shares, were redeemed in connection with the vote leaving approximately 2,671,508 public SPAC shares and roughly $26.7 million remaining in trust.

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The Latest SPAC News and Rumors: September 28, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: SEC Gensler continues to express concern over SPACs; Revelation Biosciences receives approval to conduct Phase 2b viral challenge study


SEC’s Gensler Talks Up Crypto and SPAC Regulations

Securities and Exchange Commission Chairman Gary Gensler shed light on an array of hot-button topics during an interview on Monday, expressing his belief that “people will be hurt” if cryptocurrency markets are allowed operate beyond the remit of regulators, and voicing concerns that SPACs leave public market investors vulnerable.

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IPO-Pricing

Parabellum Acquisition Corp. (PRBM.U) Prices $125M IPO

Sep 27, 2021 IPOs by Marlena Haddad

Parabellum Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the NYSE under the symbol “PRBM.U” Tuesday, September 28.

The Company intends to focus on businesses with an enterprise value of $300 million to $1 billion that have unique propitiatory technologies and business models and are actively engaged in the Internet of Things (“IoT”) transformation in a variety of segments such as consumer, industrial, automotive, medical and others.

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IPO-Pricing

Berenson Acquisition Corp. (BACA.U) Prices $250M IPO

Sep 27, 2021 IPOs by Marlena Haddad

Berenson Acquisition Corp. I announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “BACA.U” Tuesday, September 28.

The Company will seek businesses operating in the software and technology-enabled services sector with recurring/predictable revenue, the prospect for high free cash flow conversion at scale, and an enterprise value of at least $1 billion.

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latest-news

The Latest SPAC News and Rumors: September 27, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Redbox partners with Roku to attract multi-platform users and Hong Kong’s planned SPAC rules help attract Chinese tech firms


Redbox Signs Promotional Agreement with Roku to Further Attract Multi-Platform Users

Entertainment company Redbox today announced it has signed a promotional agreement with Roku to further attract multi-platform users to the Redbox streaming app.

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The Latest SPAC News and Rumors: September 24, 2021


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: SPACs may be a boon to CLO equity returns and SAB Biotherapeutics receives positive safety review


SPAC Acquisitions of Distressed Companies Help Drive CLO Returns

The increase of SPACs is yet another positive factor working in favor of the red-hot collateralized loan obligation market, which is very close to achieving an annual sales record, according to CLO equity investor Flat Rock Global.

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IPO-Pricing

GigCapital5,Inc. (GIA.U) Prices $200M IPO

Sep 24, 2021 IPOs by Marlena Haddad

GigCapital5,Inc. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “GIA.U” Friday, September 24.

The Company will seek companies in the technology, media, and telecommunications, aerospace and defense, advanced medical equipment, intelligent automation and sustainable industries anywhere in the world that embrace today’s digital transformation and intelligent automation as a competitive advantage.

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