It’s Been a Slow News Week….But League Tables are Coming

* Crickets*

This week has been kind of slow on news.  Not a whole lot getting filed and nothing to price….yet.  However, next week should see EdTechX make their debut with their $55 million education technology SPAC.

The SPACInsider Subscription Service Has Launched (Read for Details)

The SPACInsider site has launched a subscription service for the database and the weekly email newsletter

As many of you who read the weekly newsletter know, our intention has been to start charging for the data and analysis that we have been working extremely hard to provide for you. 

EdtechX Holdings Re-Files Prospectus with a Change

EdtechX Holdings Acquisition Corp., re-filed their $55 million SPAC IPO today, with one change to their Crescent Term.

Previously, EdtechX’s term, regarding adjustment to the per-share redemption trigger, stated they would adjust the price to be equal to 240% of the market value of their common stock based on the 20-day trading period prior to the day on which they consummate their business combination. 

Saban Capital Releases Results of Vote to Extend Deadline

SCAC will now have until December 31, 2018 to complete their transaction

Saban Capital Acquisition Corp. released the results of its shareholder vote to extend their completion deadline to December 31, 2018. 

And They Just Keep Coming…DD3 Acquisition Corp. Files for a $50M SPAC

DD3 Acquisition Corp., filed for a $50 million SPAC IPO today with a focus on Mexico and Hispanic business in the U.S.  DD3 is being led by Dr. Martin Werner, as Chairman and CEO, and Jorge Combe, as COO, both of whom are founding partners of DD3 Capital and former bankers at Goldman Sachs.

The Eagle Flew the Nest: James Graf Files for His Own $225M SPAC

James Graf, who served on the Platinum Eagle, Double Eagle, Silver Eagle and Global Eagle SPAC teams, debuts his own SPAC – Graf Industrial Corp.

Tuesday afternoon, Graf Industrial Corp. filed for a $225 million IPO with a focus on the Industrial sector and is being led by the eponymous James Graf, as CEO and Director. 

Saban Capital Announces Combination with Panavision and Sim

Saban Capital Acquisition Corp. (“SCAC”), announced late Thursday evening that they have entered into a definitive merger agreement with Panavision Inc., and Sim Video International Inc. The combined company will create a global provider of end-to-end production and post-production services to the entertainment industry.

Bison Capital Announces Combination with Xynomic Pharmaceuticals

Bison Capital Acquisition Corp. (“BCAC”), announced this morning that they have signed a definitive merger agreement with Xynomic Pharmaceuticals, Inc.  Xynomic, is principally engaged in the research, development and commercialization of targeted cancer therapeutics in the U.S.,

New IPO Filing: ChaSerg Technology Acquisition Corp. Files for $200M SPAC

Late Wednesday afternoon, ChaSerg Technology Aqcuisition Corp. filed for a $200 million IPO with a focus on the technology sector.

ChaSerg will be led by Lloyd Carney, as CEO and a Director, and Eric Benhamou, as President, CFO and Director.

Philip Deutch, COO of Social Capital Hedosophia, Resigns from SPAC

An 8-K was just filed stating that “Mr. Philip Deutch resigned from his position as Chief Operating Officer of Social Capital Hedosophia Holdings Corp. Mr. Deutch had resigned from affiliates of SCH Sponsor Corp.,

GTY Technology Holdings Announces Business Combination

GTY Technology Holdings Inc. (“GTY”), announced this afternoon that it has entered into definitive agreements to acquire six companies to establish an integrated software solution in the highly fragmented and under-penetrated public sector market.

New IPO Filing: Collier Creek Holdings Files for $350 Million SPAC

We FINALLY have Chinh Chu’s highly anticipated follow-up SPAC on file.

Collier Creek Holdings filed for a $350 million SPAC early this afternoon, with a focus on the consumer goods industry.

Valar Doeharis: Arya Sciences Acquisition Corp. Files for $125M SPAC

Winter is Coming and so is Arya Sciences Acquisition Corp.

Arya Sciences Acquisition Corp. filed for a $125 million SPAC IPO today, with a focus on the healthcare, and more specifically, the life sciences and medical technology sectors. 

Rumors of Big Time Trouble for Social Capital Hedosophia

Social Capital Hedosophia Holdings Corp. (“IPOA”), which raised $690 million on September 13th, 2017, nearly one year ago today, might be in trouble.

According to Axios and the Silicon Valley Business Journal, the venture firm of Chamath Palihapitiya, who is IPOA’s Chairman and CEO, is “imploding“. 

New IPO Filing: EdtechX Holdings Acquisition Corp. Files for $55M SPAC

EdtechX Holdings Acquisition Corp. filed for a $55 million IPO today, with a focus on the education, training and education technology industries. EdtechX is being led by Charles McIntyre, as Chairman and Chief Investment Officer, and Benjamin Vedrenne-Cloquet, as CEO and Director.

Industrea Acquisition Corp. “Cements” A Deal

That’s a bit of a misnomer. Cement is only an ingredient in concrete, but let’s just go with it…

Late Friday afternoon, Industrea Acquisition Corp. announced their deal with Concrete Pumping Holdings, Inc.

Industrea Acquisition Corp. to Acquire Concrete Pump Holdings, Inc.

Industrea Acquisition Corp. just announced that it has entered into a definitive agreement to acquire Concrete Pumping Holdings, Inc. (“CPH”), a leading concrete pumping services and concrete environmental waste management solutions provider in the U.S.

Churchill Capital Corp Prices $600 Million SPAC

Churchill Capital Corp announced the pricing of their $600 million SPAC late last night and the unit will begin trading this morning on the NYSE under the symbol CCC.U.

Churchill Capital is being led by Michael Klein as Chairman and Jerre Stead as CEO and intends to focus on the information services segment of the broader technology services and software industry and, more specifically, the predictive analytics and data market.