The Latest SPAC News and Rumors: May 26th, 2021

May 26, 2021 INTEL by Marlena Haddad

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

Vista Equity considers SPACs, ousted founder of Velodyne wants directors off the board, and Ackman deal remains elusive

Robert Smith’s Vista Equity Weighs Joining Rivals With Two SPACs

Vista Equity Partners is exploring raising two SPACs despite a slowdown in issuance in the vehicles that have gained mainstream popularity and even inspired a hip-hop track.

Decarbonization Plus Acquisition Corporation II (DCRN) to Combine with Tritium in $1.4Bn Deal

May 26, 2021 INTEL by Marlena Haddad

Decarbonization Plus Acquisition Corporation II (NASDAQ:DCRN) has entered into a definitive agreement to combine with EV direct current charger manufacturer Tritium at an enterprise value of $1.4 billion, or 3.9x its 2023E revenue. The Brisbane-based company manufactures proprietary hardware and software to create advanced direct current fast chargers for electric vehicles that operate in extreme
Read More

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

EG Acquisition Corp. (EGGF.U) Prices Downsized $225M IPO

May 26, 2021 IPOs by Nicholas Alan Clayton

EG Acquisition Corp. announced the pricing of its downsized $225 million IPO and its units are expected to begin trading on the NYSE under the symbol “EGGF.U” Wednesday, May 26.

The new SPAC aims to combine with a compelling asset that has a talented management team poised for growth.

Post Holdings Partnering Corporation (PSPC.U) Prices $300M IPO

May 26, 2021 IPOs by Marlena Haddad

Post Holdings Partnering Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “PSPC.U” Wednesday, May 26.

The new SPAC aims to combine with a future-forward company that has consumer utility, strong brand awareness, and unique value propositions.

Foresight Acquisition Corp. (FORE) to Combine with P3 Health Partners in $2.3Bn Deal

May 25, 2021 INTEL by Nicholas Alan Clayton

Foresight (NASDAQ:FORE) has entered into a definitive agreement to combine with healthcare provider P3 at an enterprise value of $2.29 billion, or 2.8x its 2022E revenue. The Nevada-based company provides care to patients in four states through the Medicare Advantage program. The combined company is expected to trade on the Nasdaq upon the deal’s completion
Read More

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

Dynamics Special Purpose Corp. (DYNS) Prices $200M IPO

May 25, 2021 IPOs by Kristi Marvin

Dynamics Special Purpose Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DYNS” Wednesday, May 26.

The new SPAC aims to combine with a company in the healthcare or healthcare-related industries.

The Latest SPAC News and Rumors: May 25th, 2021

May 25, 2021 INTEL by Marlena Haddad

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

SPAC Rumors, Surveys, and Space Talk

AI Specialist BigBear Said In Merger Talks with GigCapital4 SPAC

Artificial-intelligence company BigBear.ai

Legato Merger Corp. (LEGO) to Combine with Algoma Steel in $1.7Bn Deal

May 25, 2021 INTEL by Marlena Haddad

Legato Merger Corp. (NADAQ:LEGO) has entered into a definitive agreement to combine with leading steel producer Algoma Steel Inc. at an enterprise value of $1.3 billion at closing and $1.7 billion inclusive of contingent consideration, or 1.9x 2021E adjusted EBITDA.

PTK Acquisition Corp. (PTK) to Combine with Valens in $894M Deal

May 25, 2021 INTEL by Nicholas Alan Clayton

PTK (NYSE:PTK) has entered into a definitive combination agreement with Israel-based semiconductor-maker Valens at an enterprise value of $894 million, or 7.4x its 2023E revenue. Valens produces semiconductors for consumer and commercial electronics, and it is transitioning to provide solutions to the automotive industry. The combined company is expected to trade on the NYSE under
Read More

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

Big Rock Partners Acquisition Corp. (BRPA) Completes NeuroRx Deal

May 25, 2021 INTEL by Nicholas Alan Clayton

Big Rock Partners Acquisition Corp. (NASDAQ:BRPA) announced that it has completed its business combination with with drug developer NeuroRx. The combined company will now be renamed NRx Pharmaceuticals and will begin trading shortly on the Nasdaq under the ticker symbol “NRXP”. This marks the end of a long journey for Big Rock, which began its
Read More

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

Fifth Wall Acquisition Corporation III (FWAC) Prices $250M IPO

May 24, 2021 IPOs by Marlena Haddad

Fifth Wall Acquisition Corp. III announced the pricing of its $250 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FWAC” Tuesday, May 25.

The Latest SPAC News and Rumors: May 24th, 2021

May 24, 2021 INTEL by Marlena Haddad

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

SPACs move the party abroad as Europe and Tel Aviv welcome listings

The SPAC Party Gets Going in Europe, This Time With Better Terms

Sponsors are looking to continue the craze elsewhere, and top of the list is Europe, where the number of new SPACs accelerated from February to April, and there’s no sign of growth there abating.

SPAC IPO Terms Tracker: Still Treading Water

May 24, 2021 INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 21, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Heading into the week before Memorial Day, the pace of SPAC IPOs and new S-1 registration statments remains relatively slow compared to Q1 2021. There
Read More

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

The Latest SPAC News and Rumors: May 21st, 2021

May 21, 2021 INTEL by Marlena Haddad

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

Congress considers legislation aimed at SPACs and the need for investor protections as the UK facilitates listing of SPACs

U.S.

Top 3 SPAC Targets – Inflation Beaters

May 21, 2021 INTEL by Nicholas Alan Clayton

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

Graf Acquisition Corp. IV (GFOR.U) Prices $150M IPO

May 21, 2021 IPOs by Marlena Haddad

Graf Acquisition Corp. IV announced the pricing of its $150 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “GFOR.U” Friday, May 21.

The Latest SPAC News and Rumors: May 20th, 2021

May 20, 2021 INTEL by Marlena Haddad

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

SPAC deal announcement activity continues to pick up and A-Rod thinks the recent regulatory scrutiny is a “good thing”.

DPCM Capital (XPOA) to Combine with Jam City in $1.2Bn Deal

May 20, 2021 INTEL by Marlena Haddad

DPCM Capital (NYSE:XPOA) has entered into a definitive agreement to combine with mobile gaming company Jam City at an enterprise value of $1.2 billion, or 10.7x its 2022E EBITDA. The Los Angeles-based company develops engaging mobile video games and has developed immersive games around Hollywood properties and entertainment brands. The combined company is expected to
Read More

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

REPLAY AVAILABLE: Cerberus Telecom (CTAC) & KORE

May 20, 2021 INTEL by Kristi Marvin

A REPLAY is now available for the recently held investor presentation and Q&A with executive management from Cerberus Telecom Acquisition Corp. (CTAC) and KORE

A

To Access:

Please click the following link

With Roivant, Montes Archimedes May Have First SPAC-on-SPAC Deal

May 19, 2021 INTEL by Nicholas Alan Clayton

Montes Archimedes (NASDAQ:MAAC) announced its $5 billion business combination with Roivant Sciences on May 3, but some language in its 94-slide presentation has turned some heads two weeks after the fact with the realization that it sets up a potentially unprecedented SPAC situation. On slide 34, Roivant noted that it plans to enter into discussions
Read More

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