Healthcare Capital Corp. (HCCC) to Combine with Alpha Tau in $650M Deal

Jul 8, 2021 INTEL by Nicholas Alan Clayton

Healthcare Capital Corp. (NASDAQ:HCCC) has entered into a definitive agreement to combine with cancer drug developer Alpha Tau at an enterprise value of $650 million. Jerusalem-based Alpha Tau is developing unique cancer treatments that utilize alpha radiation to attack tumors with reduced damage to surrounding tissues and cells. The combined company is expected to trade
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Concord Acquisition Corp (CND) to Combine with Circle in $4.5Bn Deal

Jul 8, 2021 INTEL by Nicholas Alan Clayton

Concord (NYSE:CND) has entered into a definitive agreement to combine with cryptocurrency payments platform Circle at an enterprise value of $4.5 billion, or 12.8x its 2022E revenue. Boston-based Circle is a peer-to-peer cryptocurrency service managing the USDC coin and SeedInvest crowdinvesting platform. The combined company is expected to trade on the NYSE under the symbol
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Athena Technology Acquisition Corp. (ATHN) to Combine with Heliogen in $2Bn Deal

Jul 7, 2021 INTEL by Nicholas Alan Clayton

Athena Technology (NYSE:ATHN) has entered into a definitive agreement to combine with solar energy provider Heliogen at an enterprise value of $2 billion, or 11.4x its 2023E revenue. The Pasadena, California-based company aims to launch solar power plant design that provides flat, continuous power throughout the day. The combined entity is expected to trade on
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dMY Technology Group, Inc. IV (DMYQ) to Combine with Planet in $2.25Bn Deal

Jul 7, 2021 INTEL by Nicholas Alan Clayton

dMY IV (NYSE:DMYQ) has entered into a definitive agreement to combine with environmental data provider Planet at an enterprise value of $2.25 billion, or 17.3x its 2022E revenue. San Francisco-based Planet provides daily data and insights about Earth with a fleet of satellites capturing about 3 million images per day for clients in the agriculture,
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CF Acquisition Corp. V (CFV) to Combine with Satellogic in $850M Deal

Jul 6, 2021 INTEL by Nicholas Alan Clayton

CF V (NASDAQ:CFV) has entered into a definitive agreement to combine with orbital imagery company Satellogic at an enterprise value of $850 million, or 2.3x its 2024E revenue. Buenos Aires-based Satellogic provides orbital imagery and analysis services with 17 satellites in operation around the Earth. The deal is expected to close in the fourth quarter
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Khosla Ventures Acquisition Co. II (KVSB) to Combine with Nextdoor in $3.5Bn Deal

Jul 6, 2021 INTEL by Nicholas Alan Clayton

Khosla II (NASDAQ:KVSB) has entered into a definitive agreement to combine with neighborhood social media platform Nextdoor at an enterprise value of $3.5 billion, or 19.8x its 2021E revenue. San Francisco-based Nextdoor provides a social network for communities to connect with their fellow neighbors to share information on neighborhood events as well as concern about
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Isos Acquisition Corporation (ISOS) to Combine with Bowlero in $2.6Bn Deal

Jul 1, 2021 INTEL by Nicholas Alan Clayton

Isos (NYSE:ISOS) has entered into a definitive agreement to combine with bowling center operator Bowlero at an enterprise value of $2.6 billion, or 9.5x its 2022E EBITDA. New York-based Bowlero is the world’s largest owner and operator of bowling centers with 321 in its portfolio and it also runs bowling media and digital gaming properties.
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Apex Technology Acquisition Corp. (APXT) Shareholders Approve AvePoint Deal

Jul 1, 2021 INTEL by Nicholas Alan Clayton

Apex Technology Acquisition Corp. (NYSE:APXT) announced in an 8-K filing its shareholders approved its combination with data management software company AvePoint.

Importantly, just 17,372 shares were redeemed in connection with the vote, removing an insignificant amount from its trust.

Holicity, Inc. (HOL) Completes Astra Deal

Jun 30, 2021 INTEL by Nicholas Alan Clayton

Holicity, Inc. (NASDAQ:HOL) announced that it has completed its combination with space venture Astra and following a shareholder approval vote earlier today.

In a subsequent 8-K filing, Holicity noted that just 10,981 shares were redeemed in connection with the vote, removing a negligible sum from its $200 million trust.

Thayer Ventures Acquisition Corp. (TVAC) to Combine with Inspirato in $1.1Bn Deal

Jun 30, 2021 INTEL by Nicholas Alan Clayton

Thayer Ventures (NASDSAQ:TVAC) has entered into a definitive agreement to combine with luxury travel service Inspirato at an enterprise value of $1.1 billion, or 3x its 2022E revenue. Denver-based Inspirato offers stays at an array of luxury hospitality destinations via a monthly subscription pass for $2,500, with a lower cost option of $600 per month,
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Shelter Acquisition Corporation I (SHQAU) Prices $200M IPO

Jun 30, 2021 IPOs by Nicholas Alan Clayton

Shelter Acquisition Corporation I announced the pricing of its $200M IPO and its units are expected to begin trading on the Nasdaq under the symbol “SHQAU” Wednesday, June 30.

The new SPAC aims to combine with a proptech target that leverages disruptive technology to enact positive change in the real estate ecosystem.

Trebia Acquisition Corp. (TREB) to Combine with System1 in $1.4Bn Deal

Jun 29, 2021 INTEL by Nicholas Alan Clayton

Trebia (NYSE:TREB) has entered into a definitive agreement to combine with marketing platform System1 and Protected.net at an enterprise value of $1.4 billion, or 11.9x its 2021E adjusted EBITDA. Los Angeles-based System1 connects advertisers with internet users through a portfolio of websites and AI-powered marketing tools. The combined company is expected to trade on the
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FS Development Corp. II (FSII) to Combine with Pardes Biosciences in $657M Deal

Jun 29, 2021 INTEL by Nicholas Alan Clayton

FS II (NASDAQ:FSII) has entered into a definitive agreement to combine with biotech researcher Pardes at an equity value of $657 million. California-based Pardes is developing two pre-clinical drug candidates that have potential treatment applications against COVID-19. The combined company is expected to trade on the Nasdaq under the symbol “PRDS” once the deal closes
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DFP Healthcare Acquisitions Corp. (DFPH) to Combine with The Oncology Institute in $842M Deal

Jun 28, 2021 INTEL by Nicholas Alan Clayton

DFP Healthcare (NASDAQ:DFPH) has entered into a definitive agreement to combine with community-based clinic operator The Oncology Institute at an enterprise value of $842 million, or 2.4x its 2022E revenue. The Cerritos, California-based company serves about 1.3 million patients through value-based contracts at 50 clinics in California, Arizona, Nevada, and Florida. The Oncology Institute will
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Top 3 SPAC Targets – Hospitality

Jun 25, 2021 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies in hospitality. We look at why they are compelling and why each could be a fit for a blank-check merger.

890 5th Avenue Partners (ENFAU) to Combine with Buzzfeed in $1.5Bn Deal

Jun 24, 2021 INTEL by Nicholas Alan Clayton

890 5th Avenue (NASDAQ:ENFAU) has entered into a definitive agreement to combine with online media outlet BuzzFeed at an enterprise value of $1.5 billion, or 26.8x its 2021E EBITDA. New York-based BuzzFeed operates a range of news and entertainment content brands including the recently acquired HuffPost and will further acquire youth content engagement company Complex
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ION Acquisition Corp. 2 Ltd. (IACB) to Combine with Innovid in $1.1Bn Deal

Jun 24, 2021 INTEL by Nicholas Alan Clayton

ION 2 (NYSE:IACB) has entered into a definitive agreement to combine with ad delivery platform Innovid at an enterprise value of $1.1 billion, or 8.5x its 2022E revenue. New York-based Innovid is an omnichannel advertising and analytics platform placing video marketing on streaming and social media services. The combined company is expected to trade on
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Northern Genesis Acquisition Corp. II (NGAB) to Combine with Embark Trucks in $4.5Bn Deal

Jun 23, 2021 INTEL by Nicholas Alan Clayton

Northern Genesis II (NYSE:NGAB) has entered into a definitive agreement to combine with trucking technology firm Embark at an enterprise value of $4.55 billion, or 1.6x its 2025E revenue. Embark is developing software that may enable heavy trucks to drive autonomously on the long highway portions of their journeys between cities. The combined company is
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CITIC Capital Acquisition Corp. (CCAC) to Combine with Quanergy in $1.1Bn Deal

Jun 22, 2021 INTEL by Nicholas Alan Clayton

CITIC (NYSE:CCAC) has entered into a definitive agreement to combine with lidar-maker Quanergy at an enterprise value of $1.07 billion, or 2x its 2025E revenue. Sunnyvale, California-based Quanergy is developing next-generation lidar arrays for the automotive and industrial automation space to be used for both navigation and imaging purposes. The combined company is expected to
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DD3 Acquisition Corp. II (DDMX) to Combine with Codere Online in $353M Deal

Jun 22, 2021 INTEL by Nicholas Alan Clayton

DD3 II (NASDAQ:DDMX) has entered into a definitive agreement to combine with gaming platform Codere Online at an enterprise value of $353 million, 2.3x its 2022E revenue. Madrid-based Codere Online is the internet division of the Codere Group (MD:CDRE), which operates physical casinos in Spain, Italy, Mexico, Colombia and Panama. Codere Online offers sports betting
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Author: Nicholas Alan Clayton