LF Capital Acquisition Corp. (LFAC)to combine with Landsea Homes
LF Capital Acquisition Corp. (NASDAQ:LFAC) announced this morning it has entered into a definitive merger agreement with Landsea Homes, valuing the company at a pro forma equity value of $510 million. Landsea Homes builds entry-level and move-up homes in high-growth areas of California and Arizona with integrated smart-home features. It is a subsidiary of LandseaRead More
SEC Approves NYSE Proposal for Direct Listings
…and SPACs now have some competition. On August 26th, the SEC approved the NYSE rule change proposal where companies now have the ability to raise capital in connection with a direct listing. This is actually big news and could have some implications for SPACs. Namely, all of the unicorns that SPACs have been chasing thisRead More
Extension Vote Results: Hennessy Capital IV (HCAC)
HENNESSY CAPITAL ACQUISITION CORP. IV (HCAC) Hennessy Capital Acquisition Corp. IV (HCACU), filed an 8-K this afternoon detailing the results of today’s shareholder vote to extend their completion deadline from September 5, 2020 to December 31, 2020. The extension deadline was approved, but more importantly, Hennessy IV had minimal redemptions. Per the 8-K, only 211,561Read More
GreenVision (GRNV) to Combine with Accountable Healthcare America in $150M Deal
GreenVision Acquisition Corp. (NASDAQ:GRNV) announced this morning that it has entered into a definitive agreement to combine with Accountable Healthcare America Inc. (AHA) in a deal that would give the company an enterprise value of about $150 million. Fort Lauderdale, Florida-based AHA owns and manages Medicare-focused, risk-bearing provider networks using a combination of a patent-pendingRead More
Graf Industrial & Velodyne Lidar: Live Presentation and Q&A
–
Live Management Presentation and Q&A
Please join
Graf Industrial Corp. (GRAF)
&
Velodyne Lidar Executive Management
for an online investor presentation and live Q&A discussion regarding their proposed merger
Date: Tuesday, September 1st
Time: 1:00 p.m.
...READ MORE 
CF Finance Acquisition Corp. II (CFIIU) Prices $500M IPO
CF Finance Acquisition Corp. II announced the pricing of its $500 million IPO this morning and units are expected to begin trading on the Nasdaq under the symbol “CFIIU” today, Thursday, August 27th.
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Burgundy Technology Acquisition Corp. (BTAQU) prices $300M IPO
Burgundy Technology Acquisition Corp. (BTAQU) announced the pricing of its $300 million IPO tonight and the units are expected to begin trading on the Nasdaq tomorrow, Thursday, August 27th, under the symbol BTAQU.
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Executive Network Partnering Corporation (ENPC.U) files for $300M IPO
The previously teased Executive Network Partnering Corporation SPAC (NYSE: ENPC.U), was finally filed on Monday as a $300 million offering of 12,00,000 CAPSTM priced at $25.00. This SPAC got major press coverage thanks to the addition of former US House Speaker and Governor Mitt Romney’s VP-nominee, Paul Ryan. However, it’s unfair to call this aRead More
Trine Acquisition Corp. (TRNE) to Combine with Desktop Metal
Desktop Metal announced this morning it had entered into a definitive agreement to combine with Trine Acquisition Corp. (NYSE:TRNE) in a deal that would give the additive manufacturing company a pro forma equity value of $2.46 billion. Boston-based Desktop Metal provides scaled-up, high volume 3D-printing rigs small enough to fit through office doors, but robust enoughRead More
Petra Acquisition, Inc. (PAICU) Downsizes to $75M
It’s the second downsize this week. In another sign the bifurcation among teams in the SPAC market is growing, Petra Acquisition, Inc. (PAICU), re-filed their S-1 this morning with a downsize to $75 million. However, keep in mind that Petra originally filed as a $125 million, 1/2 warrant, 24 months, $10.00 in trust SPAC. TheyRead More
FTAC Olympus Acquisition Corp. (FTOCU) Prices $750M IPO
FTAC Olympus Acquisition Corp. announced the pricing of its $750 million IPO this evening and units are expected to begin trading on the Nasdaq under the symbol “FTOCU” tomorrow, Wednesday, August 26th.
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ALERT: CSR Acquisition Corp. is now Cohn Robbins Holdings Corp.
This afternoon, CSR Acquisition Corp. re-filed under a new name and size. The new SPAC is now called Cohn Robbins Holdings Corp. (CRHC.U) and has been up-sized to $600 million from $300 million.
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Burgundy Technology (BTAQU) Downsizes to $300M
This afternoon, Burgundy Technology Acquisition Corp. (BTAQU), re-filed their S-1 amending their terms with a rare downsize to $300 million. It doesn’t happen often, but August has been a tough month for SPACs and investors have begun been pushing back on some SPACs
On top of changing the size of the offering from $400 million to $300 million, Burgundy has also shortened it’s timeline from 24 months to 18 months.
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REPLAY: Hennessy Capital IV / Canoo Investor Presentation
A REPLAY is now available for the recently held investor presentation and Q&A with executive management from Hennessy Capital Acquisition Corp. IV (HCAC) and Canoo
To access:
Please click on the following link
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REPLAY: Netfin Acquisition Corp. / Tritteras Investor Presentation
A REPLAY is now available for the recently held investor presentation and Q&A with executive management from Netfin Acquisition Corp. (NFIN) and Tritteras
To access:
Click on the following link and enter code: Gateway2020<>NFIN
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Far Point Announces Approval of Combination with Global Blue
This afternoon, Far Point Acquisition Corp. (FPAC), announced that stockholders voted to approve their proposed business combination with Global Blue Group AG. And while 53,505,646 shares of FPAC’s Common Stock, or approximately 67.68% of the issued and outstanding shares voted in favor of the Transaction, FPAC also announced that 48,708,944 shares opted to redeem. FPACRead More
ALERT: Executive Networking Partnering Files for $300M “CAPS”
As had been widely anticipated, the new Executive Network Partnering “SPAC” just filed. Although, we’re going to have to use the term SPAC loosely for now until I’ve had a chance to read through it and better understand the structure. Additionally, a bit of re-branding seems to be in play since at the top ofRead More
Gores Metropoulos Inc. (GMHI) to Combine with Luminar in $2.9Bn deal
Gores Metropoulos Inc. (GMHI) announced this morning that it has entered into a definitive agreement to combine with Luminar Technologies in a deal that would value the autonomous vehicle sensor and software-maker at $2.9 billion. Luminar’s IRIS sensory array uses lidar technology to measure forward distances, avoid collisions and steer autonomous vehicles. It isRead More