Learn CW Investment Corp. (LCW.U) Prices $200M IPO
Learn CW Investment Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “LCW.U”
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The Latest SPAC News and Rumors: October 8, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: WeWork sales hit monthly high for 2021; Babylon secures $200m sustainability investment
WeWork Sales Hit Monthly High for 2021 in September
WeWork Cos.
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Hawks Acquisition Corp. (HWKZ.U) Prices $200M IPO
Hawks Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “HWKZ.U” Friday, October 8.
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Top 3 SPAC Targets – Micromobility
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among the micromobility targets. We look at why they are compelling and why each could be a fit for a blank-check merger.
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Schultze Special Purpose Acquisition Corp. II (SAMAU) Prices $150M IPO
Schultze Special Purpose Acquisition Corp. II announced the pricing of its $150 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “SAMAU” Friday, October 8.
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Maxpro Capital Acquisition Corp. (JMACU) Prices $90M IPO
Maxpro Capital Acquisition Corp. announced the pricing of its $90 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “JMACU” Friday, October 8.
The Company intends to focus on industries that complement its management team’s background and to capitalize on the ability of the management team to identify and acquire a business where the management team has extensive experience.
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The Latest SPAC News and Rumors: October 7, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: Betsy Cohen predicts about 30% of SPACs will bust, Ginkgo caught in short-seller selloff, and Sonder expands into France
Betsy Cohen Predicts About a Third of SPACs Will Bust
Blank-check sponsor Betsy Cohen said about 30% of all SPACs in the market will fail, in an interview on Wednesday at the Bloomberg Invest Global conference.
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Live Oak II (LOKB) Secures Additional PIPE & Backstop
Ahead of their October 12th shareholder vote to combine with Navitas Semiconductor, Live Oak II (NYSE: LOKB) announced this morning that they have secured an additional $18 million in PIPE financing along with a backstop via a Forward Purchase Agreement (FPA). The additional subscription agreement involves two additional subscribers for 1,800,000 shares of LOKB ClassRead More
FirstMark Horizon Acquisition Corp. (FMAC) to Combine with Starry in $1.6Bn Deal
FirstMark Horizon (NYSE:FMAC) has entered into a definitive agreement to combine with internet service provider (ISP) Starry at an enterprise value of $1.66 billion, or 6.9x its 2025E adjusted EBITDA. Boston-based Starry provides wireless internet to consumers at gigabit speeds using narrow-wave technology. The combined company is expected to trade on under the symbol “STRY”Read More
IX Acquisition Corp. (IXAQU) Prices $200M IPO
IX Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IXAQU” Thursday, October 7.
The Company intends to focus on targets in the telecommunications infrastructure, internet and technology and digital services sectors that are subject to low currency risks and earn a significant share of their revenues in a major global currency.
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Industrial Tech Acquisitions, Inc. (ITAC) Shareholders Approve Arbe Robotics Deal
Industrial Tech Acquisitions, Inc. (NASDAQ:ITAC) secured shareholder approval of its combination with radar technology firm Arbe Robotics in a meeting held yesterday. The press release reported that Arbe will receive $118 million in gross proceeds from the deal comprised of just $18 million of cash following ITAC’s redemptions, which implies redemptions of approximately 75% ofRead More
LifeSci Acquisition II Corp. (LSAQ) Shareholders Approve Science 37 Deal
LifeSci Acquisition II Corp. (NASDAQ:LSAQ) announced in an 8-K filing today that it secured shareholder approval of its combination with software firm Science 37 in a special meeting held on Monday, October 4. The filing did not disclose redemption numbers, but LSAQ traded below $10 throughout its redemption deadline September 30, and opened today at $8.83.Read More
Legislation, Regulation, and the Retail Investor
There has been much discussion this year about “protecting the retail investor”. In an effort to better understand how retail thinks about the SPAC asset class, we took a survey, which you can find at the bottom of this article.
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The Latest SPAC News and Rumors: October 6, 2021
Below is a daily summary of links to the latest SPAC news and rumors gathered across the web.
Latest SPAC News: TradeZero in talks to merge with Dune SPAC, and Solid Power appoints former AT&T executive to board of directors
Online Brokerage TradeZero Said in Merger Talks With Dune SPAC
TradeZero Holding Corp.,
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Supernova Partners Acquisition Company II (SNII) to Combine with Rigetti Computing
Supernova II (NYSE:SNII) has entered into a definitive agreement to combine with quantum computing firm Rigetti at an enterprise value of $1.15 billion, or 3x its 2026E EBITDA. Berkeley, California-based Rigetti Computing has developed scalable quantum computing chips and is working to deploy its machines in collaboration with several government and research institutions. The combinedRead More
Enphys Acquisition Corp. (NFYS.U) Prices Upsized $300M IPO
Enphys Acquisition Corp. announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “NFYS.U” Wednesday, October 6.
The new SPAC plans to combine with a company that operates in Ibero-America and whose business strategy is aligned with energy transition and sustainability themes, in particular renewable energy.
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Avalon Acquisition Inc. (AVACU) Prices Upsized $180M IPO
Avalon Acquisition Inc. announced the pricing of its upsized $180 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “AVACU” Wednesday, October 6.
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Parsec Capital Acquisitions Corp. (PCXCU) Prices $75M IPO
Parsec Capital Acquisitions Corp. announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PCXCU” Wednesday, October 6.
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ACON S2 Acquisition Corp. (STWO) Shareholders Approve ESS Tech Deal
ACON S2 Acquisition Corp. (NASDAQ:STWO) secured shareholder approval of its combination with battery manufacturer firm ESS Tech at a meeting held earlier today. Holders of 22,414,077 shares of STWO were present at the meeting, representing 71.73% of the voting power. The business combination was overwhelmingly approved as it received 21,144,761 votes in favor of it.Read More
Phoenix Biotech Acquisition Corp. (PBAXU) Prices $155M IPO
Phoenix Biotech Acquisition Corp. announced the pricing of its $155 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “PBAXU” Wednesday, October 6.
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