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Nebula Caravel Acquisition Corp. (NEBC) to Combine with Rover in $1.35Bn Deal

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Nebula Caravel Acquisition Corp. (NEBC) to Combine with Rover in $1.35Bn Deal

Nebula Caravel (NASDAQ:NEBC) has entered into a definitive agreement to combine with Rover at an enterprise value of $1.35 billion or 6.7x its 2022E revenue. Rover connects consumers with local pet-sitters, walkers and groomers via an online marketplace and has thus far facilitated services between 500,000 pet care providers and 2 million pet owners. The
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FG New America (FGNA) to Combine with OppFi in $900Mn Deal

Feb 10, 2021 INTEL by Kristi Marvin
FG New America Acquisition Corp. (FGNA) announced this morning that it had entered into a definitive agreement to combine with fintech lender Opportunity Financial (OppFi) at an enterprise value of $909 million. Chicago-based OppFi provides short-term credit to underbanked borrowers, having processed about 1.5 million loans to about 594,000 customers to date. The combined company
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Atlas Crest Investment Corp (ACIC) to Combine with Archer in $2.7Bn Deal

Atlas Crest (NYSE:ACIC) has entered into a definitive agreement to combine with urban air mobility company Archer at an enterprise value of $2.7 billion. Archer is developing a unique all-electric vertical takeoff and landing (eVTOL) aircraft for use as an air taxi and other applications. The combined entity is expected to trade on the NYSE
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CM Life Sciences (CMLF) to Combine with Sema4 in $2.1Bn Deal

Feb 10, 2021 INTEL by Kristi Marvin
CM Life Sciences (CMLF) announced this morning that it had entered into a definitive business combination agreement with Sema4, an AI and machine learning-driven patient-centered genomic and clinical data intelligence company. Founded in 2016, Sema4 is dedicated to transforming healthcare by building dynamic models of human health and defining optimal, individualized health trajectories, starting in
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INSU Acquisition II (INAQ) Shareholders Approve Metromile Deal

INSU Acquisition II (NASDAQ:INAQ) announced that its shareholders approved its combination with car insurer Metromile at a special meeting earlier today. The company has not yet filed an 8-K detailing the vote, but noted that redemptions were negligible and 99% of funds would remain in the company’s trust. The business combination is expected to close
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Decarbonization Plus Acquisition Corporation (DCRB) to Combine with Hyzon Motors in $2.1Bn Deal

Decarbonization Plus (NASDAQ:DCRB) has entered into a definitive agreement to combine with hydrogen vehicle-maker Hyzon for an enterprise value of $2.1 billion, or 10.6x its 2022E revenue. Hyzon makes hydrogen fuel cell engines for heavy trucks as a alternative to diesel power sources. This transaction is expected to close in the second quarter of 2021.
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