Nocturne Acquisition Corporation (MBTCU) Prices $100M IPO

Mar 31, 2021 IPOs by Nicholas Alan Clayton

Nocturne Acquisition Corporation announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MBTCU”, Wednesday, March 31.

The new company aims to combine with a disruptive technology target valued at $300 million to $1 billion with blockchain or AI innovations.

TODAY at 2:00PM: Nebula Caravel (NBEC) & Rover: Live Q&A

Mar 31, 2021 INTEL by Kristi Marvin

Nebula Caravel (NBEC) & Rover will be holding a live presentation and Q&A today at 2:00 p.m. (ET). If you haven’t previously registered, you can do so by clicking the link below.

Another Vote Issue: Collective Growth Corp. (CGRO) & Innoviz

Mar 30, 2021 INTEL by Kristi Marvin

As yet another reminder of the changing nature of SPACs and their shareholder base, and the new risks involved with a shareholder vote, Collective Growth (CGRO) is currently facing its own “shortage” of shares that are participating in its vote tomorrow to complete its combination with Innoviz.

Qell Acquisition Corp. (QELL) to Combine with Lilium in $2.4Bn Deal

Mar 30, 2021 INTEL by Nicholas Alan Clayton

Qell (NASDAQ:QELL) has entered into a definitive agreement to combine with electric vertical take-off and landing jet (eVTOL) maker Lilium at an enterprise value of $2.37 billion, or 1.8x its 2025E revenue. Lilium is developing its jets for use as regional transportation vehicles and small cargo haulers with initial rollouts aimed at the Mid-Atlantic, Florida
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two (TWOA) Prices $200M SPAC IPO

Mar 30, 2021 IPOs by Nicholas Alan Clayton

two (TWOA.U) announced the pricing of their $200 million IPO this morning and the shares are expected to begin trading on the NYSE under the symbol “TWOA”, Tuesday, March 30.

The new company intends to combine with a target advancing innovation and the democratization of technology with promising growth.

CM Life Sciences II (CMIIU) to Combine with SomaLogic in $1.23Bn Deal

Mar 29, 2021 INTEL by Kristi Marvin

CM Life Sciences II (NASDAQ:CMIIU) announced this morning that it will combine with proteomics firm SomaLogic at an enterprise value of $1.23 billion, or 14.6x its 2022E revenue. SomaLogic provides a technology platform for use both in proteomics research and medical diagnostics. The deal is expected to close in the third quarter, with SomaLogic trading
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AJAX I (AJAX) to Combine with Cazoo in $7Bn Deal

Mar 29, 2021 INTEL by Nicholas Alan Clayton

AJAX I (NYSE:AJAX) has entered into a definitive agreement to combine with online car retailer Cazoo at an enterprise value of $7 billion, or 7.2x its 2021E revenue. London-based Cazoo provides a digitized marketplace for used cars available either for sale or via a subscription. The combined company is expected to trade on the NYSE
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SPAC IPO Terms Tracker: In Like A Lion, Out Like A Lamb

Mar 28, 2021 INTEL by Matt Cianci

Terms Tracker for the Week Ending March 26, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The month started out hot after pricing 98 SPACs in February, as the first week of March priced 39 IPO’s. After back to back week’s
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BowX Acquisition Corp. (BOWX) to Combine with WeWork in $8.97B Deal

Mar 26, 2021 INTEL by Matt Cianci

BowX Acquisition Corp. (NASDAQ:BOWX) has entered into a definitive agreement to combine with WeWork, the leading flexible space provider most known for its prior attempt at an IPO and SoftBank relationship, which came to the fore back in 2019. The transaction values WeWork (no longer We Co.) at an enterprise value of $8.501 billion, or
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Replay Acquisition Corp. (RPLA) Shareholders Approve Finance of America Deal

Mar 26, 2021 INTEL by Nicholas Alan Clayton

Replay (NYSE:RPLA) announced in an 8-K filing that its shareholders have approved its combination with Finance of America, but did not disclose redemption figures.

About 72.4% of shares participated in the vote at a special meeting March 25, and all measures passed by wide margins with about 11% shares dissenting on each.

Spring Valley Acquisition Corp. (SV) to Combine with AeroFarms in $856M Deal

Mar 26, 2021 INTEL by Nicholas Alan Clayton

Spring Valley (NASDAQ:SV) has entered into a definitive agreement to combine with vertical farming venture AeroFarms at an enterprise value of $856 million, or 5.2x its 2024E revenue. Newark, New Jersey-based AeroFarms has developed the technology for indoor farms designed to be more sustainable and efficient than conventional agricultural practices. The combined entity is expected
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Nebula Caravel (NBEC) & Rover: Live Q&A – March 31st, 2:00PM

Mar 26, 2021 INTEL by Kristi Marvin

A

Live Management Presentation and Q&A

Please join

Nebula Caravel Acquisition Corp. (NEBC)

Rover

for an online investor presentation and live Q&A discussion regarding their proposed merger, featuring:

Speakers

Rover Co-Founder & CEO: Aaron Easterly
Rover CFO: Tracy Knox
Rover VP of Finance: Charlie Wickers
Nebula Caravel CEO & Co-CEO of True Wind Capital: Adam Clammer

Date: Wednesday, March 31st
Time: 2:00 p.m.

SPACs on Sale: Many Trading Below Trust Value

Mar 26, 2021 INTEL by Kristi Marvin

Getting into the 4th week of the most recent SPAC selloff, there are now quite a few searching and announced SPACs that are trading marginally above or even under trust value. Trading under trust value means that an investor could purchase the share prior to a shareholder vote and have the ability to redeem for
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The SEC has SPACs in their Focus

Mar 26, 2021 INTEL by Kristi Marvin

But is the SEC focusing on the right areas? The SEC has been active with SPACs lately. Between putting out a note on how investors should not invest in “celebrity SPACs” and yesterday’s inquiry into how underwriters are managing the risks involved in their SPAC process, it feels like scrutiny is ramping up. But is
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Matt’s Top 3 SPAC Targets – Israeli Tech

Mar 26, 2021 INTEL by Nicholas Alan Clayton

SPACInsider contributor Matt Cianci this week compiled his three favorite potential SPAC targets in Israel’s technology industry. We look at why they are compelling and why each could be a fit for a blank-check merger.

Foley Trasimene Acquisition Corp. II (BFT) Shareholders Approve Paysafe Deal

Mar 25, 2021 INTEL by Nicholas Alan Clayton

Foley Trasimene Acquisition Corp. II (NYSE:BFT) announced that its shareholders approved its combination with fintech firm Paysafe at a special meeting earlier today.

The parties expect to close the transaction on Tuesday, March 30.

Genesis Park Acquisition Corp. (GNPK) to Combine with RedWire in $615M Deal

Mar 25, 2021 INTEL by Nicholas Alan Clayton

Genesis Park (NYSE:GNPK) has entered into a definitive agreement to combine with aerospace part manufacturer RedWire at an enterprise value of $615 million, or 3.7x its 2021E revenue. RedWire provides a wide range of components to aerospace and defense clients including 3D printers designed to operate in orbit. The combined company is expected to trade
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MSD Acquisition Corp. (MSDAU) Prices $500M IPO

Mar 25, 2021 IPOs by Nicholas Alan Clayton

MSD Acquisition Corp. announced the pricing of its $500 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “MSDAU”, Thursday, March 25.

The new company aims to combine with a media or technology target with sustainable competitive advantages and a robust economic model.

Landcadia Holdings IV, Inc. (LCAHU) Prices $500M IPO

Mar 25, 2021 IPOs by Nicholas Alan Clayton

Landcadia Holdings IV Inc. announced the pricing of its $500 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “LCAHU” Thursday, March 25.

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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Nocturne Acquisition Corporation (MBTCU) Prices $100M IPO

Nebula Caravel (NBEC) & Rover will be holding a live presentation and Q&A today at 2:00 p.m. (ET). If you haven’t previously registered, you can do so by clicking the link below.

A

Live Management Presentation and Q&A

Please join

for an online investor presentation and live Q&A discussion regarding their proposed merger, featuring:

Date: Wednesday, March 31stTime: 2:00 p.m.

Date: Wednesday, March 31st
Time: 2:00 p.m.