Monday Morning Kickoff: GMHI, PACQ, ORSN, HCAC

news update

Monday Morning Kickoff: GMHI, PACQ, ORSN, HCAC

Aug 24, 2020 INTEL by Kristi Marvin

Monday Morning: Four quick news items to start the week: Gores Metropoulos, Inc. (GMHI) Gores Metropoulos, Inc. (GMHI) announced this morning that it intends to combine with Luminar Technologies, Inc., an autonomous vehicle sensor and software company.  We will be posting a more fulsome write-up later this morning, but in the meantime, this looks to
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
hennessy-canoo
ipo
IPO-Pricing
ipo
Warrant backstop

TWC Tech Holdings II Corp. Debuts a New Warrant Term

Aug 19, 2020 INTEL by Kristi Marvin
TWC Tech Holdings II Corp. (TWCTU). which originally filed their S-1 on August 4th, is the follow up SPAC from the Nebula Team, but this time under a new name to better reflect this team’s sponsor – True Wind Capital.  Both Adam Clammer, TWC’s CEO and President, and James Greene Jr., TWC’s Chairman, are founding
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
new-spac

Growth Capital Acquisition Corp. (GCACU) files for $150M IPO

Growth Capital Acquisition Corp. (GCACU) filed for a $150 million IPO on the Nasdaq late August 17 and intend to focus on global emerging growth and lower-to-middle market companies with aggregate enterprise values of approximately $300 million to $1.5 billion. Growth Capital Chairman, President and co-CEO Prokopios (Akis) Tsirigakis also currently serves as CEO of
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing
ipo
new-spac

OTR Acquisition Corp. (OTRAU) files for $250M IPO

OTR Acquisition Corp. (OTRAU) filed to list on the Nasdaq via a $250 million IPO late August 17 to add to the ever growing list of SPACs looking to acquire a company. Led by Nicholas Singer, a managing member of family office PE firm Purchase Capital, the company plans to target companies with a enterprise
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
Canoo-logo

Hennessy Capital (HCAC) to Combine with EV-Maker Canoo in $1.84 Billion Deal

Hennessy Capital Acquisition Corp. IV announced this morning it had entered into a definitive agreement to combine with electric vehicle (EV) company Canoo in a deal that would give it a pro forma enterprise value of about $1.84 billion. Canoo has developed flat electric “skateboards” that include a vehicle’s drive train, suspension and battery, on
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO
ipo
IPO-Pricing
new-spac

North Mountain Merger Corp. (NMMCU) files for $115M IPO

North Mountain Merger Corp. filed for a $115 million IPO late Friday aiming to list on the Nasdaq and will be the second fintech SPAC in the market led by former CardConnect CFO Charles Bernicker.  This company’s sister SPAC South Mountain Merger Corp. raised $250 million in its June 2019 IPO, and the siblings share metaphorical parents throughout their
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
new-spac

Brookline Capital Acquisition Corp. (BCACU) files for $50M IPO

Brookline Capital Acquisition Corp. (BCACU), filed for a $50 million IPO this evening, and similar to today’s other IPO filing, CM Life Sciences, Brookline Capital will be searching in the life Sciences sector. Sponsored by investment bank Brookline Capital Markets (“BCM”), the new SPAC aims to combine with a growth-oriented life science target with novel
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
new-spac

CM Life Sciences (CMLFU) files for $350M IPO

CM Life Sciences Inc. (CMLFU), filed for a $350 million IPO on Friday evening, August 14th, focused on the life sciences sector. As the name suggests, the new company is to join three other SPACs that have recently filed for IPO’s to seek biotech, life sciences or healthcare targets, with 12 such companies already listed
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
ipo
new-spac

Broadstone Acquisition Corp. files for $300M IPO

Broadstone Acquisition Corp. filed for a $300 million IPO late August 13, aiming to list under the symbol “BSN.U” on the NYSE. The new SPAC aims to combine with a European business with strong fundamentals that has been hampered by the COVID-19 outbreak. It is led by Board Chairman Hugh Osmond, who co-founded Sun Capital
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO-Pricing