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Month: March 2021

SPACDex

SPACDex: A Down Week for SPACs

Mar 24, 2021 INTEL by Kristi Marvin
SPACDex for March 12 through March 19, 2021 Overall this was a tougher week for SPACs with the market cap weighted return calculation falling from 1.43 to 1.3 and the equal weight calculation falling from 1.19 to 1.14. The market cap weighted return still leads the broader market, but not by much. The equal weight
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Chardan Healthcare Acquisition 2 Corp. (CHAQ) to Combine with Renovacor, Inc. in $84.6M Deal

Chardan Healthcare 2 (NYSE:CHAQ) has entered into a definitive agreement to combine with biotech firm Renovacor at an implied transaction value of $84.6 million. Philadelphia-based Renovacor is developing gene therapies targeting the BAG3 protein to treat heart conditions. The combined company is expected to trade on the NYSE under the symbol “RCOR” once the deal
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JAWS Spitfire Acquisition Corporation (SPFR) to Combine with VELO3D in $1.6Bn Deal

JAWS Spitfire (NYSE:SPFR) has entered into a definitive agreement to combine with VELO3D  at an enterprise value of $1.6 billion, or 3x its 2025E revenue. JAWS Spitfire manufactures advanced 3D printing machines for high-end engineering clients in aerospace, energy and other industries. The combined company is expected to trade on the NYSE under the symbol
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