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Pine Technology Acquisition Corp. (PTOC.U) Prices $300M IPO

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GigCapital2, Inc. (GIX) Secures Deadline Extension

GigCapital2 (NYSE:GIX) has extended its transaction deadline from March 10 to June 10, 2021 following a shareholder vote earlier today. Shareholders also opted to redeem 1,852,804 shares (10.7%) in connection with the vote, however, leaving GigCapital2 with $149.6 million in its trust. The terms of GigCapital2’s announced deal with telemedicine firms UpHealth and Cloudbreak require
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Motion Acquisition Corp. (MOTN) to Combine with DocGo in $900M Deal

Motion Acquisition Corp. (NASDAQ:MOTN) has entered into a definitive agreement to combine with Ambulnz, which is to be renamed DocGo upon consummation of the deal, at an enterprise value of $900 million. DocGo, which provides medical transportation and telehealth services, is valued at 5.8x its 2021E revenue in the deal. The combined company is expected
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CF Finance Acquisition Corp II (CFII) Completes View Deal

CF Finance II (NASDAQ:CFII) announced that it has completed its business combination with smart windows-maker View after shareholders approved the deal Friday, but many also opted to redeem their shares for cash. In connection with the vote, 12,587,893 shares were redeemed, removing about $125.9 million from the SPAC’s trust. CF Finance II has sagged along
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NewHold Investment Corp. (NHIC) to Combine with Evolv in $1.325Bn Deal

NewHold Investment Corp. (NASDAQ:NHIC) has entered into a definitive agreement to combine with AI touchless security screening company Evolv Technology (“Evolv”), at an enterprise value of $1.325 billion, or its 3.9x 2024E revenue. Evolv’s touchless screening system allows for visitors to pass through screening without breaking stride and continuing the pace of life. The Evolv
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New Beginnings Acquisition Corp. (NBA) to Combine with Airspan Networks in $822M Deal

New Beginnings (NYSE:NBA) has entered into a definitive agreement to combine with Airspan (OTCMKTS:AIRO) at an enterprise value of $822 million, or 4.7x its 2020E revenue. Boca Raton, Florida-based Airspan provides hardware and software to broadcast 4G and 5G access to telecom clients. The combined company is expected to trade under the symbol “MIMO” on
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