dMY Technology Group, Inc. III (DMYI) to Combine with IonQ in $1.3Bn Deal

Mar 8, 2021 INTEL by Nicholas Alan Clayton

dMY III (NYSE:DMYI) has entered into a definitive agreement to combine with quantum computing company IonQ at an enterprise value of $1.37 billion, or its 5.8x 2025E revenue. IonQ is developing quantum computing hardware to be used in a number of different applications including machine-learning, financial markets-monitoring and high-tech research. The combined company is expected
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

SPAC IPO Terms Tracker: Return of the Downsize

Mar 7, 2021 INTEL by Matt Cianci

Terms Tracker for the Week Ending March 5, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Last week showed more signs of cracks after 39 IPO’s came to market for $11.44 billion and another 44 new teams filed an S-1. Despite
Read More

To access this post, you must purchase 1 - User: Monthly Plan.

Good Works Acquisition Corp. (GWAC) to Combine with Cipher Mining in $2Bn Deal

Mar 5, 2021 INTEL by Nicholas Alan Clayton

Good Works (NASDAQ:GWAC) has entered into a definitive agreement to combine with bitcoin miner Cipher Mining at an enterprise value of $2 billion. Cipher Mining is to be a US-based spinoff from bitcoin miner BitFury with four greenfield mining centers to be set up in the country. The combined company is expected to trade on
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Lerer Hippeau Acquisition Corp. (LHAAU) Prices $200M IPO

Mar 5, 2021 IPOs by Nicholas Alan Clayton

Lerer Hippeau Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “LHAA,” Friday, March 5.

The new company aims to combine with a technology-enabled target in health, consumer, logistics or industrial automation.

InterPrivate III Financial Partners Inc. (IPVF.U) Prices Upsized $225M IPO

Mar 5, 2021 IPOs by Nicholas Alan Clayton

InterPrivate III Financial Partners Inc. announced the pricing of its $225 million IPO and its units are expected to begin trading on the NYSE under the symbol “IPVF.U,” Friday, March 5.

InterPrivate II Acquisition Corp. (IPVA.U) Prices Upsized $225M IPO

Mar 5, 2021 IPOs by Nicholas Alan Clayton

InterPrivate II Acquisition Corp. announced the pricing of its $225 million IPO and its units are expected to begin trading on the NYSE under the symbol “IPVA.U,” Friday, March 5.

The new company aims to combine with business valued above $1 billion with positive operating cash flow or compelling unit economics.

InterPrivate IV InfraTech Partners Inc. (IPVIU) Prices $250M IPO

Mar 5, 2021 IPOs by Nicholas Alan Clayton

InterPrivate IV InfraTech Partners announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPVIU,” Friday, March 5.

The new company aims to combine with a TMT infrastructure target valued over $1 billion that could serve as a platform for inorganic growth.

Eric’s Top 3 – Influencer Software

Mar 5, 2021 INTEL by Nicholas Alan Clayton

SPACInsider contributor Eric Weidemann this week compiled his three favorite potential SPAC targets among targets producing software used by influencers. We look at why they are compelling and why each could be a fit for a blank-check merger.

First Reserve Sustainable Growth Corp. (FRSGU) Prices $200M IPO

Mar 4, 2021 IPOs by Kristi Marvin

First Reserve Sustainable Growth Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “FRSGU,” Friday, March 5.

Warburg Pincus Capital Corporation I—B (WPCB.U) Prices $500M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

Warburg Pincus Capital Corporation I—B announced the pricing of its $500 million IPO and its units are expected to begin trading on the NYSE under the symbol “WPCB.U,” Friday, March 5.

Warburg Pincus Capital Corporation I—A (WPCA.U) Prices $250M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

Warburg Pincus Capital Corporation I—A announced the pricing of its $250 million IPO and its units are expected to begin trading on the NYSE under the symbol “WPCA.U,” Friday, March 5.

dMY Technology Group, Inc. IV (DMYQ.U) Prices Upsized $300M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

dMY Technology Group, Inc. IV. announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “DMYQ.U,” Friday, March 5.

VPC Impact Acquisition Holdings III (VPCCU) Prices $225M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

VPC Impact Acquisition Holdings III announced the pricing of its $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VPCCU,” Friday, March 5.

VPC Impact Acquisition Holdings II (VPCBU) Prices $225M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

VPC Impact Acquisition Holdings II announced the pricing of its $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VPCBU,” Friday, March 5.

Tribe Capital Growth Corp I (ATVCU) Prices $240M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

Tribe Capital Growth Corp I announced the pricing of its $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ATVCU,” Friday, March 5.

Tailwind Two Acquisition Corp. (TWNT.U) Prices $300M IPO

Mar 4, 2021 IPOs by Nicholas Alan Clayton

Tailwind Two Acquisition Corp. announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “TWNT.U,” Friday, March 5.

The new company aims to combine with an omni-channel, technology-enabled consumer target valued over $1 billion.

SPAC Opportunity or the Beginning of the End? What’s Going on in the Market?

Mar 4, 2021 INTEL by Kristi Marvin

The crack in the Street that began with 3 of last week’s 29 IPOs trading below issue price has become more like a sinkhole. Of today’s eight IPOs, only Khosla (KSVA) has managed to remain trading above $10.00. But not by much at $10.23. However, if Khosla had only managed to price 3 weeks ago,
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Reinvent Technology Partners Z (RTPZ) to Combine with Hippo in $5Bn Deal

Mar 4, 2021 INTEL by Nicholas Alan Clayton

Reinvent Z (NYSE:RTPZ) has entered into a definitive agreement to combine with home insurer Hippo Enterprises at an enterprise value of $5 billion. Hippo provides home insurance and smart home devices to customers in 32 states, and is available in markets representing 70% of the US homeowning population. The deal is expected to close in
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Sustainable Opportunities Acquisition Corp. (SOAC) to Combine with DeepGreen Metals in $2.4Bn Deal

Mar 4, 2021 INTEL by Nicholas Alan Clayton

Sustainable Opportunities (NYSE:SOAC) has entered into a definitive agreement to combine with rare earth materials miner DeepGreen Metals at an enterprise value of $2.4 billion, or 1.2x its 2027E EBITDA. DeepGreen Metals is developing a unique new approach to mining rare earth materials by gathering them on the deep Pacific ocean floor. The combined entity
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Altimar Acquisition Corp. III (ATAQU) Prices Upsized $135M IPO

Mar 4, 2021 IPOs by Kristi Marvin

Altimar Acquisition Corp. III announced the pricing of its upsized $135 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ATAQU,” Thursday, March 4.