Helix Acquisition Corp. (HLXA) Prices $100M IPO

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The IPO Market is Showing Signs of Further Indigestion

Oct 19, 2020 INTEL by Matt Cianci
Edoc Acquisition Corp. (ADOC), re-filed its S-1 this morning to re-up the value of its (already overfunded) trust. The move is the latest in the recent trend of SPACs overfunding their trust rather than expanding warrant coverage. In the case of ADOC, they are adding to their already overfunded trust, moving from $10.10 per unit
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South Mountain Merger Corporation (SMMC) to Combine with Billtrust in $1.3Bn Deal

Fintech firm Billtrust announced this morning it has entered into a definitive business combination agreement with South Mountain Merger Corporation (NASDAQ: SMMC) that would give it an enterprise value of $1.293 billion. Lawrenceville, New Jersey-based Billtrust provides accounts receivable (AR) and accounts payable (AP) software with order-to-cash credit solutions to improve cashflow and eliminate paper
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Forum Merger II Shareholders Approve Tattooed Chef Combination

Oct 15, 2020 INTEL by Kristi Marvin

Forum Merger II Corporation (NASDAQ:FMCI) shareholders have approved the business combination with Ittella International at a special meeting this morning, per this afternoon’s press release. The newly created company, which is to be name the Tattooed Chef, will begin trading tomorrow, October 16, 2020, on Nasdaq under the ticker symbols “TTCF” and “TTCFW”, representing the common stock and warrants, respectively.

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FS Development Corp. (FSDC) to Combine with Gemini Therapeutics

Biotech firm Gemini Therapeutics announced this morning that it has entered into a definitive merger agreement with FS Development Corp. (NASDAQ:FSDC) that would give it a pro forma valuation of $265.6 million. Gemini is a clinical stage precision medicine company developing treatments for age-related macular degeneration (AMD) by developing drugging strategies that are matched to
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CC Neuberger Principal Holdings I (PCPL) to Combine with E2open in $2.6Bn Deal

Supply-chain software company E2open announced this morning that it had entered into a business combination agreement with CC Neuberger Principal Holdings I (NYSE:PCPL) that would give it an enterprise value of about $2.6 billion. Austin, Texas-based E2open provides software-as-a-service (SaaS) solutions to help companies optimize global supply chains with artificial intelligence and machine learning tools.
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AMCI Acquisition Corp. (AMCI) to Combine with Advent Technologies

Oct 13, 2020 INTEL by Matt Cianci
AMCI Acquisition Corp. (AMCI) started off the shortened week by announcing a deal that would add to the long list of electrification companies combining with SPACs. Advent Technologies announced this morning that it has signed a definitive merger agreement with AMCI and will go public in a deal giving it a pro forma enterprise value
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