Green Visor Financial Technology Acquisition Corp. I (GVCIU) Prices Upsized $174M IPO

Nov 9, 2021 IPOs by Marlena Haddad

Green Visor Financial Technology Acquisition Corp. I priced its upsized $174 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GVCIU” Tuesday, November 9.

OmniLit Acquisition Corp. (OLITU) Prices $125M IPO

Nov 9, 2021 IPOs by Marlena Haddad

OmniLit Acquisition Corp. priced its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OLITU” Tuesday, November 9.

The new SPAC intends to concentrate its efforts in identifying high quality businesses in the advanced manufacturing industry, specifically the photonics or optics products, services, and end markets, and related products, services, and end-markets.

Hunt Companies Acquisition Corp. I (HTAQ.U) Prices $200M IPO

Nov 9, 2021 IPOs by Marlena Haddad

Hunt Companies Acquisition Corp. I announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “HTAQ.U” Tuesday, November 9.

DP Cap Acquisition Corp. I (DPCSU) Prices $200M IPO

Nov 9, 2021 IPOs by Marlena Haddad

DP Cap Acquisition Corp. I announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DPCSU” Tuesday, November 9.

Apeiron Capital Investment Corp. (APN.U) Prices $150M IPO

Nov 8, 2021 IPOs by Marlena Haddad

Apeiron Capital Investment Corp. announced the pricing of its $150 million IPO and its units are expected to begin trading on the NYSE under the symbol “APN.U” Tuesday, November 9.

The new SPAC intends to focus its search on companies in the financial technology, media, gaming and financial services (“FTMG”) and in the wealth-advisory and asset management industries.

Hennessy Capital V (HCIC) Terminates Plus Deal

Nov 8, 2021 INTEL by Kristi Marvin

Hennessy Capital Investment Corp. V (NASDAQ:HCIC) announced this afternoon that it and Plus, a global provider of self-driving truck technology, have mutually agreed to terminate their business combination citing “recent developments in the regulatory environment outside of the United States“. However, it’s unclear at this time what regulations are impeding this combination since none were
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Lemonade (LMND) to Acquire Metromile (MILE) in All-Stock Deal

Nov 8, 2021 INTEL by Marlena Haddad

Lemonade (NYSE:LMND), the insurance company powered by AI, has entered into a definitive agreement to acquire auto insurance company Metromile (NASDAQ:MILE) in an all-stock transaction. The deal gives Metromile, which previously merged with INSU Acquisition Corp. II nearly 10 months ago, an implied equity value of approximately $500 million, or just over $200 million net
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The Latest SPAC News and Rumors: November 8, 2021

Nov 8, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: LAMF Global Ventures I explores acquisition of major European football club and Barrows Hotel considers SPAC merger

Football Finance Veteran Harris Eyes Club Takeover Through US SPAC Deal

Sky News reported that LAMF Global Ventures Corp I (NASDAQ:LGVC), which has been set up by two US entertainment industry executives, will explore the acquisition of a major European club during its trawl of potential targets.

Biotech Acquisition Company (BIOT) to Combine with Blade Therapeutics

Nov 8, 2021 INTEL by Nicholas Alan Clayton

Biotech (NASDAQ:BIOT) has entered into a definitive agreement to combine with drug developer Blade Therapeutics at an enterprise value of $352.8 million. San Francisco-based Blade Therapeutics is developing three drug candidates as potential therapies against varying forms of organ fibrosis with its most advanced having completed Phase I. The combined company is expected to trade
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Northern Genesis II (NGAB) Pre-Announces Quorum to Pass Embark Deal

Nov 8, 2021 INTEL by Marlena Haddad

Northern Genesis Acquisition Corp. II (NYSE:NGAB) today announced that it has secured a quorum for its special meeting tomorrow to vote on its combination with autonomous technology developer Embark Trucks Inc. NGAB reported that its shareholders have already overwhelmingly voted in support of the $4.55 billion business combination and all other proposals to be voted
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Duddell Street Acquisition Corp. (DSAC) to Combine with FiscalNote

Nov 8, 2021 INTEL by Nicholas Alan Clayton

Duddell Street (NASDAQ:DSAC) has entered into a definitive agreement to combine with legal and regulatory data provider FiscalNote at an enterprise value of $1.18 billion, or 6.8x its 2022E sales. Washington, DC-based FiscalNote uses AI tools to crunch legislative, regulatory and geopolitical data to provide insights and analysis The combined company is expected to trade
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SPAC IPO Terms Tracker: November is Off to a Fast Start

Nov 6, 2021 INTEL by sam.beattie

Terms Tracker for the Week Ending Nov. 5, 2021 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. For the first week of November, we saw 13 new S-1 registration statements, nearly doubling what we saw last week (seven), and 23 IPO’s, seven
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The Latest SPAC News and Rumors: November 5, 2021

Nov 5, 2021 INTEL by Marlena Haddad

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

Latest SPAC News: Crypto billionaire-backed SPAC listing plan sends Monex limit up and Virgin Orbit partners with ANA HOLDINGS to procure twenty LauncherOne flights from Japan

Crypto Billionaire-Backed SPAC Listing Plan Sends Monex Limit Up

Monex Group Inc. surged

Leo Holdings III Corp (LIII) Adds $25M to Local Bounti PIPE

Nov 5, 2021 INTEL by Nicholas Alan Clayton

Leo III (NYSE:LIII) announced this morning that it has added $25 million to the PIPE for its deal with indoor farming venture Local Bounti, further securing it from redemption risks. This additional funding brings the total PIPE to $150 million, matching the transaction’s $150 million minimum cash closing condition. The news comes as Leo III
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Quantum Fintech (QFTA) Adds $10M PIPE to TradeStation Deal

Nov 5, 2021 INTEL by Nicholas Alan Clayton

Quantum Fintech (NYSE:QFTA) announced this morning that it has brought in an additional $10 million investment into the PIPE for its combination with fintech firm TradeStation unveiled yesterday. The additional funds bring the total PIPE proceeds to $125 million in addition to the $201 million from the SPAC’s trust pre-redemptions. Quantum Fintech has yet to
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AGBA Acquisition Limited (AGBA) to Combine with TAG Companies in $555M Deal

Nov 5, 2021 INTEL by Nicholas Alan Clayton

AGBA (NASDAQ:AGBA) has entered into a definitive agreement to combine with five subsidiaries of financial holding company TAG, with the combined entity holding a base enterprise value of $555 million. The divisions in question are TAG International, a B2B services company, and its own subdivisions TAG Asset Partners, OnePlatform International, OnePlatform Holdings, and TAG Asia
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Top 3 SPAC Targets – VR/AR in the Metaverse

Nov 5, 2021 INTEL by Nicholas Alan Clayton

SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies making products for the coming augmented and virtual reality worlds. We look at why they are compelling and why each could be a fit for a blank-check merger.

New Providence Acquisition Corp. II (NPABU) Prices Upsized $225M IPO

Nov 4, 2021 IPOs by Marlena Haddad

New Providence Acquisition Corp. II announced the pricing of its upsized $225 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “NPABU” Friday, November 5.

7 Acquisition Corp. (SVNAU) Prices $200M IPO

Nov 4, 2021 IPOs by Marlena Haddad

7 Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SVNAU” Friday, November 5.

The new SPAC intends to focus its selection efforts on companies that provide environmental, business and/or infrastructure products and services that will contribute to a more sustainable future consistent with today’s “ESG” principles.

Rigel Resource Acquisition Corp. (RRAC.U) Prices Upsized $275M IPO

Nov 4, 2021 IPOs by Marlena Haddad

Rigel Resource Acquisition Corp. announced the pricing of its upsized $275 million IPO and its units are expected to begin trading on the NYSE under the symbol “RRAC.U” Friday, November 5.