Athena Consumer Acquisition Corp. (ACAQ.U) Prices $200M IPO

Oct 19, 2021 IPOs by Marlena Haddad

Athena Consumer Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the NYSE under the symbol “ACAQ.U” Wednesday, October 20.

ESGEN Acquisition Corp. (ESACU) Prices Upsized $240M IPO

Oct 19, 2021 IPOs by Marlena Haddad

ESGEN Acquisition Corp. announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ESACU” Wednesday, October 20.

BowX Acquisition Corp. (BOWX) Shareholders Approve WeWork Deal

Oct 19, 2021 INTEL by Marlena Haddad

BowX Acquisition Corp. (NASDAQ:BOWX) secured shareholder approval of its combination with leading flexible space provider WeWork in a meeting held earlier today. The business combination was supported by 97.9% of the votes cast at the meeting, representing approximately 77.6% of BowX’s outstanding shares. Despite the shareholder approval, BOWX fell to $9.54 today following the headlines,
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GS Acquisition Holdings II (GSAH) Shareholders Approve Mirion Deal

Oct 19, 2021 INTEL by Marlena Haddad

GS Acquisition Holdings II (NYSE:GSAH) secured shareholder approval of its combination with nuclear services and radiology firm Mirion in a special meeting held today.

GSAH announced yesterday that approximately 26.1% of its shares were redeemed in connection to the business combination.

The Latest SPAC News and Rumors: October 19, 2021

Oct 19, 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: Robotics company Symbotic in talks to merge with SVF Investment Corp.

Enterprise 4.0 Technology Acquisition Corp. (ENTFU) Prices Upsized $261M IPO

Oct 19, 2021 IPOs by Marlena Haddad

Enterprise 4.0 Technology Acquisition Corp. announced the pricing of its upsized $261 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “ENTFU” Tuesday, October 19.

Blockchain Moon Acquisition Corp. (BMAQU) Prices $100M IPO

Oct 18, 2021 IPOs by Marlena Haddad

Blockchain Moon Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “BMAQU” Tuesday, October 19.

Fintech Ecosystem Development Corp. (FEXDU) Prices $100M IPO

Oct 18, 2021 IPOs by Marlena Haddad

Fintech Ecosystem Development Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FEXDU” Tuesday, October 19.

SportsMap Tech Acquisition Corp. (SMAPU) Prices $100M IPO

Oct 18, 2021 IPOs by Marlena Haddad

SportsMap Tech Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “SMAPU” Tuesday, October 19.

BowX Acquisition Corp (BOWX) Secures Backstop Financing

Oct 18, 2021 INTEL by Kristi Marvin

BowX Acquisition Corp. (NASDAQ:BOWX) announced this afternoon that ahead of it’s combination vote tomorrow to complete it’s transaction with WeWork, BowX has entered into a backstop agreement for up to $150 million with DTZ Worldwide Limited, the parent company to Cushman & Wakefield U.S., Inc., or “C&W”. Previously, WeWork and C&W had been in non-binding discussions
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The Latest SPAC News and Rumors: October 18, 2021

Oct 18, 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: Pershing Square asks judge to toss investor suit; Aurora appoints trucking expert to its Safety Advisory Board

Ackman’s Pershing Square SPAC Asks Judge to Toss Investor Suit

Bill Ackman’s Pershing Square Tontine Holdings Ltd.

GS II (GSAH) Pre-Announces Redemptions with Mirion Technologies

Oct 18, 2021 INTEL by Marlena Haddad

GS Acquisition Holdings Corp II (NYSE:GSAH) pre-announced its redemption amounts this morning in a press release ahead of its shareholder meeting tomorrow to vote on its combination with nuclear services and radiology firm Mirion Technologies (“Mirion”).

Yucaipa Acquisition Corporation (YAC) Upsizes PIPE, Adds Backstop

Oct 18, 2021 INTEL by Nicholas Alan Clayton

It is backstop season in SPAC land and Yucaipa Acquisition Corporation (NYSE:YAC) is the latest to get in on the fun. It announced overnight that it has signed a backstop agreement worth up to $178 million and has also upsized its PIPE by an additional $70 million for its combination with SIGNA Sports United. Three
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SPAC IPO Terms Tracker: IPO Activity Remains High for October

Oct 17, 2021 INTEL by sam.beattie

Terms Tracker for the Week Ending Oct. 15, 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, we saw nine new S-1 registration statements, three less than last week, and 10 IPOs, one less than last week. As we get
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The Latest SPAC News and Rumors: October 15, 2021

Oct 15, 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: ECombustible in talks to merge with Benessere Capital; Redbox teams up with entertainment company Curiosity on multi-faceted agreement

Hydrogen Fuel Firm ECombustible Eyes Up to $1 Billion SPAC Deal

ECombustible, a maker of hydrogen-based fuel, is in talks to merge with blank-check firm Benessere Capital Acquisition Corp.

GigCapital4 (GIG) Arranges Two Forward Purchase / Backstop Arrangements

Oct 15, 2021 INTEL by Kristi Marvin

GigCapital4 (NASDAQ:GIG) announced this morning that they have entered into a Forward Purchase Agreement (“FPA”) with Highbridge and Glazer Capital, in an effort to secure their combination shareholder vote. This arrangement is similar to the FPA/Backstop we saw earlier this week with Big Cypress (Nasdaq: BCYP), but with some additional terms. As part of the FPA,
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26 Capital Acquisition Corp. (ADER) to Combine with Okada Manila in $2.6Bn Deal

Oct 15, 2021 INTEL by Nicholas Alan Clayton

26 Capital (NASDAQ:ADER) has entered into a definitive agreement to combine with gambling resort Okada Manila at an enterprise value of $2.6 billion. Okada Manila operates a 42-hectare hospitality complex including the largest integrated casino in the Entertainment City, Philippines. The combined company is expected to trade on the Nasdaq once the deal is completed
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Horizon Acquisition Corp. (HZAC) Shareholders Approve Vivid Seats Deal

Oct 15, 2021 INTEL by Marlena Haddad

Horizon Acquisition Corp. (NYSE:HZAC) secured shareholder approval of its combination with ticket marketplace Vivid Seats in a meeting held yesterday.

Approximately 95.5% of the votes cast at yesterday’s special meeting were in favor of the business combination.

Top 3 SPAC Targets – 5G/Fiber

Oct 15, 2021 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the companies expanding 5G and fiber infrastructure. We look at why they are compelling and why each could be a fit for a blank-check merger.

Achari Ventures Holding Corp. I (AVHIU) Prices $100M IPO

Oct 15, 2021 IPOs by Marlena Haddad

Achari Ventures Holding Corp. I announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “AVHIU” Friday, October 15.