Gores Holdings II, a $400 million SPAC, announced this morning it has entered into a definitive agreement and plan of merger with Verra Mobility, a provider of tech-enabled smart transportation solutions and a portfolio company of Platinum Equity, with an anticipated initial enterprise value of $2.4 billion.
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New Frontier Corp. filed an amended S-1 this morning with a few noteworthy changes. First, the transaction size is now $230 million, up from $200 million in previous filings.
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Last night, both Twelve Seas Investment Company and LF Capital Acquisition Corp. priced their initial public offerings and will begin trading today under the symbols TWLVU and LFACU, respectively.
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Well, it looks like LF Capital Acquisition Corp., a $135 million Fintech-focused SPAC, is pricing Tuesday evening as well. LF Capital filed their CERT shortly after Twelve Seas, so we’ve got ourselves a double dose of SPACs.
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Twelve Seas Investment Company a Pan-Eurasian focused SPAC, will be pricing their $150 million SPAC IPO tonight for trading Wednesday.
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This morning, Thunder Bridge announced the pricing of their upsized $225 million SPAC. The unit will begin trading Tuesday under the symbol TBRGU.
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Thunder Bridge filed their CERT with the Nasdaq on Friday evening, indicating their IPO is imminent and should price tonight for trading tomorrow under the symbol “TBRGU”.
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LF Capital Acquisition Corp., a SPAC focused on the Fintech sector, filed another amended S-1 this morning. Of note, the pro rata percentage held in trust jumped a percentage point from 101% to 102%.
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Late this afternoon, Twelve Seas Investment Company filed an amended S-1 that included an upsized offering for a $150 million IPO, previously $100 million. As we’ve mentioned before, this team is stacked with a lot of SPAC experience and that is a very big plus, so we can only surmise that initial feedback must have been so positive as to warrant an upsize of 50%. The
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LF Capital Acquisition Corp., a SPAC focused on the Fintech sector, filed an amended S-1 yesterday with a few important changes.
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Apollo Global management is rumored to have a SPAC management team already in place and has confidentially filed with the SEC. This
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This evening, Far Point announced the pricing of their $550 million, Third Point sponsored SPAC. The unit will begin trading Tuesday morning under the symbol FPAC.U.
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After a banner year in 2017 for SPACs with 34 total deals raising a little over $10 billion, everyone is naturally curious to see if we’ll have a repeat in 2018.
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HL Acquisitions Corp., a SPAC focused on the “hydrocarbon logistics and processing sector” filed for a $42.5 million IPO today. HL Acquisitions is headed by CEO, Jeffrey Schwarz, the co-founder of Metropolitan Capital Advisors, Inc.,
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This morning, GS Acquisitions Holdings announced the pricing of their $600 million Goldman Sachs sponsored SPAC. The unit will begin trading this morning under the symbol GSAH.U.
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GS Acquisition Holdings filed their NYSE Certification this morning further indicating it is pricing its SPAC IPO tonight for trading tomorrow – Friday, June 8th.
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Far Point Acquisition Corp, the Third Point LLC sponsored Fintech SPAC, filed an amended S-1 today, upsizing the deal to $500 million.
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Late today, New Frontier Corp. filed for a $200 million IPO focused on healthcare, technology or education sectors in China, which they refer to as the “Chinese new economy sectors”.
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Well that was fast. From initial S-1 filing to marketing took all of 17 days for the $600 million GS Acquisition Holdings Corp. Phenomenal work by the lawyers getting through the SEC comment period faster than you can say, “warrant redemption for shares”.
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