Relativity Acquisition Corp. (RACYU) Prices $125M IPO

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Relativity Acquisition Corp. (RACYU) Prices $125M IPO

Feb 10, 2022 IPOs by Marlena Haddad

Relativity Acquisition Corp. announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RACYU” Friday, February 11.

The new SPAC intends to focus its search on a business in the cannabis industry or in related industries such as consumer packaged goods, health & wellness, technology, pharmaceuticals, manufacturing, distribution, logistics and brand management.

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HNR Acquisition Corp. (HNRA.U) Prices $75M IPO

Feb 10, 2022 IPOs by Marlena Haddad

HNR Acquisition Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the NYSE under the symbol “HNRA.U” Thursday, February 10.

The new SPAC intends to focus on assets used in exploring, developing, producing, transporting, storing, gathering, processing, fractionating, refining, distributing or marketing of natural gas, natural gas liquids, crude oil or refined products in North America.

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Magnum Opus Acquisition Limited (OPA) Brings Binance into Forbes PIPE

Magnum Opus (NYSE:OPA) announced this morning that crypto exchange Binance has taken the place of existing PIPE investors in committing $200 million to its combination with financial publication Forbes.

The net amount of Forbes PIPE is unchanged at $400 million, but the parties created a new subscription agreement allowing Binance to appoint two members to the company’s post-transaction Board.

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The Latest SPAC News and Rumors: February 9, 2022


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Eni considers listing SPAC to target energy-transition businesses, and Velodyne shares rise following Amazon investment 

Eni Said to Weigh Listing SPAC to Target Clean-Energy Deal

Eni SpA is considering listing a SPAC that could target energy-transition businesses, according to Bloomberg.

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byNordic Acquisition Corp. (BYNOU) Prices $150M IPO


byNordic Acquisition Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BYNOU” Wednesday, February 9.

The new SPAC intends to focus its search on technology growth companies in the northern part of Europe, including the Nordic and Scandinavian countries, the Baltic states, United Kingdom and Ireland, Germany, France and the Benelux countries.

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Evergreen Acquisition Corp. (EVGRU) Prices $100M IPO


Evergreen Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVGRU” Wednesday, February 9.

The new SPAC intends to focus its search on technology companies involved in Artificial Intelligence (AI), FinTech and Financial Services, the Metaverse, the Internet of Things (IoT), eCommerce, social commerce, Industry 4.0 (IR4.0), as well as areas surrounding the new digital economy, in the ASEAN region.

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The Latest SPAC News and Rumors: February 8, 2022


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News:  Harley-Davidson surges following 4Q21 profit, first African cannabis SPAC planned by Cybin founder, and DWAC plunges following delayed app launch

Harley-Davidson Surges After Posting Surprise Fourth Quarter Profit

Harley-Davidson Inc.

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DPCM Capital (XPOA) to Combine with D-Wave in $1.3Bn Deal

DPCM (NYSE:XPOA) has entered into a definitive combination agreement with quantum computing firm D-Wave at an enterprise value of $1.35 billion, or 2.4x its 2026E revenue. Burnaby, Canada-based D-Wave is developing annealing quantum computers and gate-model quantum computers that can be accessed by clients across a variety of sectors via cloud services agreements. The combined
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