GTY Technology Holdings Inc. (“GTY”), announced this afternoon that it is increasing the cash the consideration for which each public warrant would be automatically exchanged to $2.00, up from $1.35.
...READ MORE
Sentinel Energy Services announced this morning it has entered into a definitive agreement to acquire a majority interest in Strike Capital LLC (“Strike Capital”), which owns and operates Strike LLC (“Strike”), a leading North America infrastructure and integrity services and projects business.
...READ MORE
This afternoon, Hennessy Capital Acquisition Corp. III (HCAC), Daniel Hennessy’s third SPAC, released the results of their shareholder vote to approve their business combination with NRC Group Holdings. Shareholders approved the transaction, but there was an uncomfortable amount of redemptions.
...READ MORE
Wednesday morning, Gores Holdings II, Inc., a $400 million SPAC, released the results of their shareholder vote to approve their business combination with Verra Mobility.
...READ MORE
Graf Industrial, the $225 million industrials-focused SPAC being led by James Graf, announced Tuesday evening they have priced their IPO and will trade tomorrow under the symbol NYSE: GRAF.U.
Graf Industrial is the sixth SPAC to price this October with total gross proceeds raised for the month of $1.114 billion.
...READ MORE
Graf Industrial Corp. is now expected to price their $225 million industrials-focused SPAC tonight for trading tomorrow. Graf Industrial is being led by James Graf, as CEO and Director and as previously mentioned, Mr.
...READ MORE
For subscribers that have a Database Subscription, we’ve added a new table that you can now find under the SPACs tab: At-Risk Capital / Promote.
We’ve detailed each SPAC team’s at-risk capital as well as the sponsor’s promote for all SPACs by category: Searching for a Target, Announced a Transaction, and currently Filed for IPO.
...READ MORE
DD3 Acquisition Corp., a $50 million SPAC focused on a SPAC focused Mexico and Hispanic business in the U.S., announced the pricing of their IPO tonight and will begin trading tomorrow under the symbol DDMXU.
...READ MORE
MTech Aquisition Corp. (“MTEC”), announced Thursday morning that they have entered into a definitive merger agreement with MJ Freeway LLC, a leading seed-to-sale technology provider and developer of the cannabis industry’s first enterprise resource planning platform.
...READ MORE
Jensyn Acquisition Corp. announced tonight they have terminated their agreement with Oneness Global due to a breach of representations and warranties by Oneness Global. Jensyn has further demanded to be paid the $2,500,000 termination fee provided for in the Share Exchange Agreement.
...READ MORE
(This post has been amended. The original post listed Graf Industrial’s life as 18 months and has since been corrected to 15 months + 3 months)
This morning, Graf Industrial Corp.
...READ MORE
Hunter Maritime, a $150 million SPAC focused on the international maritime shipping industry and underwritten by Morgan Stanley, just announced they have entered into a definitive agreement with NCF Wealth Holdings Limited.
...READ MORE
EdTechX Holdings Acquisition Corp., priced their $55 million IPO this morning, rounding out the “Super Friday” group of four SPACS to IPO today. EdTechX is focused on the education and education technology sectors and will begin trading this morning under the symbol EDTXU.
...READ MORE
ChaSerg Technology Acquisition Corp., a $200 million SPAC focused on the technology sector, priced their IPO tonight and will begin trading tomorrow under the symbol CTACU.
ChaSerg will be led by Lloyd Carney, as CEO and a Director, and Eric Benhamou, as President, CFO and Director.
...READ MORE
Arya Sciences, the $125 million life sciences/med tech SPAC, sponsored by Perceptive Advisors, priced their SPAC IPO tonight and will trade tomorrow under the symbol ARYAU.
Arya Sciences is being led by Joseph Edelman, the founder of Perceptive Advisors, as Chairman, and Adam Stone, who is the Chief Investment Officer of Perceptive, as CEO and Director. Perceptive,
...READ MORE
Collier Creek Holdings, the much anticipated Chinh Chu follow-up SPAC, added a little something extra to their deal (meal?) tonight and upsized by $50 million, bringing the total anticipated gross proceeds of their IPO to $400 million. The
...READ MORE
Avista Healthcare Public Acquisition Corp. released the results of their shareholder vote to extend their completion deadline to February 15, 2019 today, and the good news for AHPA is, they now have additional time to complete their business combination.
...READ MORE
We’ve got a quadruple header…EdTechX, Arya Sciences, ChaSerg and Collier Creek are all expected to price their IPOs this evening for trading Friday.
...READ MORE
I-AM Capital Acquisition Company, which had originally scheduled its shareholder vote to approve its business combination with Smaaash Entertainment for today (October 4, 2018), is postponing the vote-date to a to-be-determined later date within the next 45 days.
...READ MORE
Alberton Acquisition Corporation, filed for a $100 million SPAC IPO this morning with a broad focus that will not be limited by industry or geography. Alberton is being led by Bin (Ben) Wang, as Chairman and CEO.
...READ MORE