HealthCor Catalio Acquisition Corp. (HCAQ) to Combine with Hyperfine and Liminal Sciences in $580M Deal

Jul 8, 2021 INTEL by Marlena Haddad

HealthCor Catalio Acquisition Corp. (NASDAQ:HCAQ) has entered into a definitive agreement to combine with medical equipment manufacturer Hyperfine, Inc. and medical technology company Liminal Sciences, Inc. at an enterprise value of $580 million, or 10.3x 2023E revenue. The Guilford, Connecticut-based companies both focus on medical technology. Hyperfine created the first FDA approved portable MR Imaging
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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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The Latest SPAC News and Rumors: July 8, 2021

Jul 8, 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: Argo chooses Citigroup, JPMorgan as it eyes SPAC listing, and MSP Recovery in talks with Lionheart SPAC

Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public

Self-driving startup Argo AI, which is backed by Ford Motor Co. and Volkswagen

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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AltC Acquisition Corp. (ALCC) Prices Upsized $450M IPO

Jul 8, 2021 IPOs by Marlena Haddad

AltC Acquisition Corp. announced the pricing of its upsized $450 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “ALCC” Thursday, July 8.

Agrico Acquisition Corp. (RICOU) Prices $125M IPO

Jul 7, 2021 IPOs by Marlena Haddad

Agrico Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RICOU” Thursday, July 8.

The new SPAC aims to combine with an AgTech target based in the Americas.

The Latest SPAC News and Rumors: July 7, 2021

Jul 7, 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: Novo Tellus Capital mulls Singapore SPAC, Virala SPAC seeks to fill gap left by underfunded Finnish PE, and Dragoneer, Altimeter eye raising new funds

Novo Tellus Capital Mulls Joining Singapore SPAC Race

Singapore buyout firm Novo Tellus Capital Partners is considering setting up a SPAC to list in the city-state as regulators prepare to authorize the vehicles in the local market.

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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The Latest SPAC News and Rumors: July 6, 2021

Jul 6, 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: SPACs spark interest in the Middle East, Vertex weighs Singapore’s first SPAC listing, and EV SPAC boom could have been bigger

Mideast SPAC Trickle May Turn to Flood as Dubai’s Shuaa Capital Plans 3 Launches

Dubai financial services firm Shuaa Capital PSC is considering setting up three SPACs of around $200 million each, rapidly opening up the booming market to Gulf investors.

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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SPAC IPO Terms Tracker: A Rush of IPOs Ahead of the Holiday

Jul 5, 2021 INTEL by Kristi Marvin

Terms Tracker for the Week Ending July 2, 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 10 new S-1 registration statements which is synonymous with last week’s 10. However, there were a large amount of SPAC IPOs
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The Latest SPAC News and Rumors: July 2, 2021

Jul 2, 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: Apollo heads to Amsterdam while Abu Dhabi’s Mubadala prepares to launch two SPACs

Apollo Plans Its First European SPAC IPO in Amsterdam

Apollo Global Management Inc.

The Latest SPAC News and Rumors: July 1, 2021

Jul 1, 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: Billionaire Fertitta adds restaurants, aquariums to SPAC deal, TPG eyes transaction with SPAC, and electric-vehicle startup FreeWire is in talks to go public with DHC

Billionaire Fertitta to Add Restaurants, Aquariums to SPAC Deal

Billionaire Tilman Fertitta’s deal to take much of his Fertitta Entertainment Inc.

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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Frontier Investment Corp. (FICVU) Prices $200M IPO

Jul 1, 2021 IPOs by Marlena Haddad

Frontier Investment Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FICVU” Thursday, July 1.

The new SPAC aims to combine with a target that has operations in the technology, digital media, e-commerce, financial technology, or digital services sectors, across the high growth markets of the Middle East North Africa & Turkey, Sub-Saharan Africa, South Asia, and Southeast Asia.

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.

Corsair Partnering Corporation (CORS.U) Prices Downsized $250M IPO

Jun 30, 2021 IPOs by Marlena Haddad

Corsair Partnering Corporation announced the pricing of its downsized $250 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “CORS.U” Thursday, July 1.

G3 VRM Acquisition Corp. (GGGVU) Prices $100M IPO

Jun 30, 2021 IPOs by Marlena Haddad

G3 VRM Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “GGGVU” Thursday, July 1.