Atlas Crest Investment Corp (ACIC) Re-Strikes Deal with Archer

Jul 29, 2021 INTEL by Nicholas Alan Clayton

Atlas Crest (NYSE:ACIC) announced this morning that it had revised its deal with electric vertical take-off and landing (eVTOL) aircraft-maker Archer, dropping its enterprise value from $2.7 billion to $1.7 billion. This makes for a 38% drop in valuation for Archer, which was the first in a series of eVTOL-makers to strike deals with SPACs
Read More

To access this post, you must purchase 1 - User: Monthly Plan.

Nebula Caravel Acquisition Corp. (NEBC) Shareholders Approve Rover Deal

Jul 29, 2021 INTEL by Marlena Haddad

Nebula Caravel Acquisition Corp. (NASDAQ:NEBC) shareholders have approved its combination with dog-walking app Rover at a special meeting July 28.

The deal was overwhelmingly approved, but Nebula Caravel’s press release and 8-K filing did not reveal redemption figures.

International Media Acquisition Corp. (IMAQU) Prices $200M IPO

Jul 29, 2021 IPOs by Marlena Haddad

International Media Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “IMAQU” Thursday, July 29.

Software Acquisition Group Inc. II (SWAGU) Prices $200M IPO

Jul 28, 2021 IPOs by Marlena Haddad

Software Acquisition Group Inc. II announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “SWAGU” Thursday, July 29.

Starboard Value Acquisition Corp. (SVAC) Shareholders Approve Cyxtera Deal

Jul 28, 2021 INTEL by Marlena Haddad

Starboard Value Acquisition Corp. (NASDAQ:SVAC) announced in a press release today that its shareholders approved its combination with data center provider Cyxtera in a meeting held earlier this morning. SVAC, which raised a total of $404.2 million at IPO, had 26,176,891 shares redeemed in connection with the vote, leaving 165,978,740 shares outstanding and $493 million
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Metals Acquisition Corp. (MTAL.U) Prices $250M IPO

Jul 28, 2021 IPOs by Marlena Haddad

Metals Acquisition Corp. announced the pricing of its $250 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “MTAL.U” Thursday, July 29.

Queen’s Gambit Growth Capital (GMBT) to Combine with Swvl in $1.1Bn Deal

Jul 28, 2021 INTEL by Nicholas Alan Clayton

Queen’s Gambit (NASDAQ:GMBT) has entered into a definitive combination agreement with mobility tech firm Swvl at an enterprise value of $1.1 billion, or 2.8x its 2023E gross revenue. Dubai-based Swvl operates a shared ride-hailing service using minibuses as an urban transport solution as well as a B2B service. The combined company is expected to trade
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

The Latest SPAC News and Rumors: July 28, 2021

Jul 28, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Lordstown to sell $400 million in stock, the London Stock Exchange has its first SPAC listing, and Sebi explores framework for SPACs in India

Lordstown Is Selling Some Stock

Electric-vehicle startup Lordstown Motors Corp.

Spartan Acquisition Corp. III (SPAQ) to Combine with Allego in $2.6Bn Deal

Jul 28, 2021 INTEL by Nicholas Alan Clayton

Spartan III (NYSE:SPAQ) has entered into a definitive agreement to combine with Dutch electric vehicle (EV) charging company Allego at an enterprise value of $2.65 billion, or 12.3x its 2021E revenue. Arnhem, Netherlands-based Allego operates about 26,000 EV charging stations, including ultra-fast charging rigs, across 12 European countries. The combined company is expected to trade
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Capitol Investment Corp. V (CAP) Shareholders Approve Doma Deal

Jul 28, 2021 INTEL by Marlena Haddad

Capitol Investment Corp. V (NYSE:CAP) announced in an 8-K filing this morning that its shareholders approved its combination with proptech firm Doma along with all other proposals in a meeting held yesterday.

Alpha Partners Technology Merger Corp. (APTMU) Prices $250M IPO

Jul 28, 2021 IPOs by Marlena Haddad

Alpha Partners Technology Merger Corp. announced the pricing of its $250 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “APTMU” Wednesday, July 28.

DA32 Life Science Tech Acquisition Corp. (DALS) Prices $200M IPO

Jul 27, 2021 IPOs by Marlena Haddad

DA32 Life Science Tech Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “DALS” Wednesday, July 28.

Mercury Ecommerce Acquisition Corp. (MEACU) Prices $175M IPO

Jul 27, 2021 IPOs by Marlena Haddad

Mercury Ecommerce Acquisition Corp. announced the pricing of its $175 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “MEACU” Wednesday, July 28.

Roth CH Acquisition II Co. (ROCC) Shareholders Approve Reservoir Holdings Deal

Jul 27, 2021 INTEL by Marlena Haddad

Roth CH Acquisition II Co. (NASDAQ:ROCC) announced in an 8-K filing today that its shareholders approved its combination with independent media company Reservoir Holdings in a meeting held earlier this morning.

The Latest SPAC News and Rumors: July 27, 2021

Jul 27, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Britain revises SPAC rules, Lucid Motors rises following merger, and Joby completes flight of more than 150 miles with electric vertical take-off air taxi

Britain Eases SPAC Rules As Global Watchdog Puts Sector on Watch

Britain has eased rules for SPACs to attract more listings to London, just as global regulators have put a watch on the blank-check companies.

MCAP Acquisition Corporation (MACQ) to Combine with AdTheorent in $775M Deal

Jul 27, 2021 INTEL by Nicholas Alan Clayton

MCAP (NASDAQ:MACQ) has entered into a definitive agreement to combine with digital advertising firm AdTheorent at an enterprise value of $775 million, or 21.2x its 2022E EBITDA. New York-based AdTheorent provides a digital ad platform for online and smart TV ad space that uses machine-learning tools rather than cookies to target users. The combined company
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Williams Rowland Acquisition Corp. (WRACU) Prices $200M IPO

Jul 27, 2021 IPOs by Marlena Haddad

Williams Rowland Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the New York Stock Exchange under the symbol “WRACU” Tuesday, July 27.

Alpha Healthcare Acquisition Corp. III (ALPAU) Prices $150M IPO

Jul 26, 2021 IPOs by Marlena Haddad

Alpha Healthcare Acquisition Corp. III announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ALPAU” Tuesday, July 27.

The Latest SPAC News and Rumors: July 26, 2021

Jul 26, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Canoo names former diplomat as its president, and Bloomberg Law reports law firms are cashing in on de-SPACs

Electric Car Startup Canoo Names Former Diplomat As President

Electric car startup Canoo Inc (NYSE:GOEV.O) on

SPAC IPO Terms Tracker: More of the Same

Jul 25, 2021 INTEL by sam.beattie

Terms Tracker for the Week Ending July 23, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week, there were 13 new S-1 registration statements, just four more than last week’s nine and only five IPOs, three less than last weeks
Read More

To access this post, you must purchase 1 - User: Monthly Plan.