Shopping Cart

DraftKings Joins PIPE for Horizon Acquisition Corp. (HZAC)’s Vivid Seats Deal

DraftKings Joins PIPE for Horizon Acquisition Corp. (HZAC)’s Vivid Seats Deal

Oct 14, 2021 INTEL by Nicholas Alan Clayton

Horizon (NYSE:HZAC) announced this morning that it has swapped out a portion of the PIPE financing for its pending deal with Vivid Seats, replacing an allotment set to be purchased by its affiliate Eldridge Industries with commitments from an interesting newcomer – DraftKings (NASDAQ:DKNG). The move is intriguing for a number of reasons, the timing
Read More

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

ACE Convergence (ACEV) to Combine with Tempo Automation in $936M Deal

Oct 14, 2021 INTEL by Nicholas Alan Clayton
ACE Convergence (NASDAQ:ACEV) has entered into a definitive agreement to combine with electronics manufacturer Tempo at an enterprise value of $936 million, or 4.3x its 2023E revenue. San Francisco-based Tempo provides outsourced digital manufacturing services for electronics and other circuitry applications. The combined company is expected to trade on the Nasdaq under the symbol “TMPO”
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
aerofarms logo

Spring Valley (SV) and Aerofarms Announce Termination of Agreement

Oct 14, 2021 INTEL by Kristi Marvin
Spring Valley Acquisition Corp. (NASDAQ:SV) announced this morning that it has mutually terminated their business combination agreement with indoor vertical farming company, Dream Holdings, Inc. (“AeroFarms”).  The press release cited that Aerofarms has a great working relationship with Spring Valley, but that they “believe proceeding with this transaction is not in the best interests of
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
IPO-Pricing

Marquee Raine Acquisition Corp. (MRAC) Shareholders Approve Enjoy Deal

Oct 13, 2021 INTEL by Marlena Haddad
Marquee Raine Acquisition Corp. (NASDAQ:MRAC) secured shareholder approval of its combination with technology-powered service platform Enjoy Technology Inc. in a meeting held earlier this morning. Although the 8-K filing did not disclose redemption numbers, MRAC traded below $10 throughout its redemption deadline October 11 and closed today at $9.88. MRAC announced on September 14 that
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
latest-news

The Latest SPAC News and Rumors: October 13, 2021

Oct 13, 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: SEC leans on SPACs for detailed disclosures, Lordstown Motors appoints new CFO, and CompoSecure announces cryptocurrency product Arculus Key Card

SEC Leans on SPACs for Detailed Disclosures of Risk, Controls

Wall Street’s top regulator promises to issue new, tougher rules for SPACs, but the agency already has ramped up its scrutiny of the blank-check companies that became market sensations in 2020.

...READ MORE

RedBall Acquisition Corp. (RBAC) to Combine with SeatGeek in $1.35Bn Deal

Oct 13, 2021 INTEL by Nicholas Alan Clayton
RedBall (NYSE:RBAC) has entered into a definite agreement to combine with ticket marketplace SeatGeek at an enterprise value of $1.35 billion, or 3.9x its 2022E revenue. New York City-based SeatGeek provides an event ticket marketplace to enterprise clients, individual sellers and consumers that includes in-stadium purchase options and integrations with ride-hailing services. The deal is
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
VPC-Impact-Bakkt-logo

VPC Impact (VIH) Pre-Announces Redemptions With Bakkt

Oct 13, 2021 INTEL by Marlena Haddad
VPC Impact Acquisition Holdings (NASDAQ:VIH) pre-announced its redemption amounts this morning in a press release ahead of its shareholder meeting tomorrow to vote on its combination with digital asset marketplace Bakkt Holdings. The press release reported that the deal is expected to generate more than $447 million of gross proceeds.  This includes an expected $325
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
sab

Live Oak II (LOKB) Shareholders Approve Navitas Semiconductor Deal

Oct 13, 2021 INTEL by Marlena Haddad
Live Oak Acquisition Corp. II (NYSE:LOKB) secured shareholder approval of its combination with advanced charging electronics-maker Navitas in a meeting held yesterday. The press release and 8-K filing did not disclose redemption numbers, but LOKB traded above $10 throughout its redemption deadline October 8, and is currently up 9.61% at $11.03. Live Oak II secured
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
latest-news

The Latest SPAC News and Rumors: October 12, 2021

Oct 12, 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: Hyphen in talks to merge with Provident Acquisition Corp., SPAC promoters shun Chinese deals amid regulatory chill, and Rocket Lab acquires Advanced Solutions

Li-Backed Hyphen Said in Talks on $1 Billion Provident SPAC Deal

Hyphen Group, a financial technology firm backed by Hong Kong billionaire Richard Li, is in advanced talks to go public through a merger with blank-check company Provident Acquisition Corp.

...READ MORE
seaport-global-redbox

Seaport Global Acquisition Corp (SGAM) Secures Backstop Financing

Oct 12, 2021 INTEL by Kristi Marvin
Seaport Global (NASDAQ:SGAM) announced this morning that it has added a $36 million backstop to its business combination with Redbox. The SPAC noted that the agreements will ensure that “the cash proceeds available to SGAC as of closing equal or exceed the minimum cash condition under the Business Combination Agreement“. The SPAC has about $145.2
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
big-cypress-sab logo

Big Cypress (BCYP) Arranges Forward Purchase/Backstop Agreement

Oct 12, 2021 INTEL by Kristi Marvin
Big Cypress Acquisition Corp (Nasdaq: BCYP) announced this morning that they have entered into a Forward Purchase Agreement (“FPA”) with Radcliffe SPAC Master Fund, L.P. (“Radcliffe”),  in an effort to secure their completion shareholder vote.  Big Cypress is scheduled to hold their combination vote with SAB Biotherapeutics on October 20th. As part of the FPA,
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
dune-tradezero

Dune Acquisition Corporation (DUNE) to Combine with TradeZero in $556M Deal

Oct 12, 2021 INTEL by Nicholas Alan Clayton
Dune (NASDAQ:DUNE) has entered into a definitive agreement to combine with equities trading platform TradeZero at an enterprise value of $556 million, or 4.9x its 2022E revenue. New York City-based TradeZero provides a digital equity trading and investment platform targeted at professional day traders. The combined company is expected to trade on the Nasdaq under
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
latest-news

The Latest SPAC News and Rumors: October 11, 2021

Oct 11, 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: Former climate change secretary Amber Rudd joins Energy1, BowX announces listing transfer to NYSE, and Gogoro launches battery swapping in China

Former Climate Change Secretary Rudd to Join London-listed SPAC

Sky News reported that Amber Rudd, who served as secretary of state for energy and climate change between May 2015 and July 2016, is to become an adviser to Energy1, one of a hotly anticipated wave of new UK SPACs.

...READ MORE
SPAC-Terms-Tracker

RedBall Acquisition Corp. (RBAC) Confirms SeatGeek Deal Talks

Oct 8, 2021 INTEL by Nicholas Alan Clayton
RedBall Acquisition Corp. (NYSE:RBAC) confirmed in a statement this afternoon that it is in “exclusive discussions” with ticket marketplace SeatGeek “in connection with a possible business combination” following a Bloomberg report claiming a deal is near. The SPAC pumped the breaks on that slightly, noting that there is “no assurance that a definitive agreement will
Read More
To access this post, you must purchase 1 - User: Monthly Plan.