Legato Merger Corp. II (LGTOU) Prices Upsized $240M IPO
Legato Merger Corp. II announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the NASDAQ under the symbol “LGTOU” Monday, November 22.
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8i Acquisition 2 Corp. (LAXXU) Prices $75M IPO
8i Acquisition 2 Corp. announced the pricing of its $75 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “LAXXU” Monday, November 22nd.
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Foresight Acquisition Corp. (FORE) and P3 Health Lower Minimum Cash Threshold
Foresight Acquisition Corp. (NASDAQ:FORE) announced this morning that it had agreed with its merger target P3 Health to lower the proposed minimum cash condition for the deal from $400 million to $200 million. The parties acknowledged that this change came after they got a peek at what their redemptions would look like before adjourning theirRead More
SPAC IPO Terms Tracker: Looser Terms as SEC Strikes Again
Terms Tracker for the Week Ending Nov. 19, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. For the week ending November 19th, we saw 13 new S-1 registration statements, four more than last week, and 12 IPOs, two less than lastRead More
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Yunhong International (ZGYH) Liquidates Trust
Yunhong International (NASDAQ:ZGYH) announced this afternoon that it would be opting to liquidate its trust and wind down the company.
Yunhong disclosed in an 8-K filing that due to its inability to complete an initial business combination within the time period required by its Memorandum and Articles of Association, it intends to dissolve and liquidate.
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The Latest SPAC News and Rumors: November 19, 2021
Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: Amsterdam hits IPO record as Europe’s SPAC capital and Palihapitiya sells down position in SoFi
Amsterdam Hits IPO Record as Europe’s SPAC Capital
The Dutch city, home to the world’s oldest stock exchange, has hosted 20 IPOs so far in 2021 for its highest-ever haul of 10.4 billion euros ($11.7 billion).
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Ackman: SPARCs Still in the Air, Potential Deal in Sight?
Pershing Square Tontine (NYSE:PSTH) CEO Bill Ackman provided a big update on where the SPAC stands with its litigation, proposed SPARC structure and target hunt while speaking on the earnings call for his affiliated hedge fund Pershing Square Capital Management. SPARCs Perhaps the biggest nugget was on the revival of Ackman’s proposed SPARC structure, whichRead More
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SPACs Go Global: Legal Insights and Market Trends
SPACs Go Global: Legal Insights and Market Trends
Join us for a virtual panel on November 30, 2021
Participants will gain insight into the use of Special Purpose Acquisition Companies (SPACs) within Europe, Asia, and Latin America and the comparative opportunities and challenges of different regulatory frameworks in key jurisdictions.
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DD3 II (DDMX) Shareholders Approve Codere Online Deal
DD3 II(NASDAQ:DDMX) secured shareholder approval of its combination with gaming platform Codere Online in a special meeting yesterday.
Present at the special meeting were holders of 11,086,703 shares of common stock, par value $0.0001 per share, representing approximately 69.31% of the voting power.
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Top 3 SPAC Targets – Black Friday Deals
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies that may be on SPACs’ mind has Black Friday and Cyber Monday roll in next week.
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InFinT Acquisition Corp. (IFIN.U) Prices Upsized $173.9M IPO
InFinT Acquisition Corp. announced the pricing of its upsized $173.9 million IPO and its units are expected to begin trading on the NYSE under the symbol “IFIN.U” Friday, November 19.
The new SPAC intends to focus on the financial software and information services companies operating at the intersection of the financial and business services sectors.
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Infinite Acquisition Corp. (NFNT.U) Prices Upsized $240M IPO
Infinite Acquisition Corp. announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the NYSE under the symbol “NFNT.U” Friday, November 19.
The new SPAC intends to leverage the expertise, access, and capabilities of its management team and board of directors to target technology-enabled platforms disrupting the traditional worlds of sports, health and wellness, food technology and supply, e-commerce, and crypto and digital assets through their unique relationship with the consumer.
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ALSP Orchid Acquisition Corp. I (ALORU) Prices $150M IPO
ALSP Orchid Acquisition Corp. I announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ALORU” Friday, November 19.
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Crescera Acquisition Corp. (CRECU) Prices $175M IPO
Crescera Acquisition Corp. announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CRECU” Friday, November 19.
The new SPAC intends to focus its search for a target in Latin America, specifically in Brazil, and in sectors with technology-enabled transformations and strong growth potential in the region, including, but not limited to technology, healthcare, education services, or consumer and retail.
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FTAC Zeus Acquisition Corp. (ZINGU) Prices Upsized $350M IPO
FTAC Zeus Acquisition Corp. announced the pricing of its upsized $350 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ZINGU” Friday, November 19.
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Foresight Acquisition Corp. (FORE) Adjourns Vote for P3 Health Deal
Foresight Acquisition Corp. (NASDAQ:FORE) has adjourned its special meeting held this morning without finalizing its shareholder vote to approve its merger with P3 Health Partners. SPACs typically adjourn mid-vote because they have failed to receive sufficient turnout or sufficient votes in favor for all of its proposals. In this case, Foresight stated it adjourned toRead More
The Latest SPAC News and Rumors: November 18, 2021
Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web.
Latest SPAC News: PrimeBlock in talks to merge with 10X SPAC, Lucid’s 440% surge draws tepid interest from analysts, and SEC probes ATI Physical Therapy on earnings guidance
Bitcoin Firm PrimeBlock In Talks to Merge With 10X SPAC
Prime Blockchain Inc.,
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Blue Safari Group Acquisition Corp (BSGA) to Combine with Bitdeer in $4Bn Deal
Blue Safari (NASDAQ:BSGA) has entered into a definitive agreement to combine with crypto mining group Bitdeer at an enterprise value of $4 billion. Singapore-headquartered Bitdeer operates five mining datacenters in the US and Norway and provides outsourcing and optimization services to independent crypto miners. The combined company is expected to trade on the Nasdaq onceRead More
bleuacacia ltd. (BLEUU) Prices Upsized $240M IPO
bleuacacia ltd. announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BLEUU” Thursday, November 18.
The new SPAC intends to combine with a global high-growth premium consumer-facing brand that has a powerful emotional engagement with millennial and Gen-Z consumers.
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Arisz Acquisition Corp. (ARIZU) Prices $60M IPO
Arisz Acquisition Corp. announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ARIZU” Thursday, November 18.
The new SPAC intends to search globally, with a focus on healthcare target companies specializing in rare disease and gene/cell therapy.
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