GS Acquisition Holdings Corp. II (GSAH), re-filed its S-1 on Wednesday night, with a notable change – their warrants included in their units, which were originally 1/3 warrants, are now 1/4 warrants.
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Today, we had an electrifying mid-day surprise from B. Riley Principal Merger Corp. II (BMRG), which announced that it had signed a Letter of Intent with Eos Energy Storage, an established provider of long-duration energy storage focused on providing a domestic solution to a global need: low-cost, safe, and environmentally friendly energy storage.
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Crescent Acquisition Corp. (CRSA) filed an 8-K on Wednesday morning announcing they entered into a Definitive Agreement with F45 Training Holdings Inc. The fitness studio was founded in Australia in 2013, and has since expanded to 1,240 studios across 53 countries.
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Brilliant Acquisition Corporation (BRLIU), announced the pricing of their $40 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Wednesday, June 24th, under the symbol NASDAQ: BRLIU
Brilliant Acquisition Corporation intends to focus on companies with primary operations in the Asia-Pacific region with an enterprise value between $200 to $300 million.
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Yesterday, eyes grew wide all over SPAC Land when Bill Ackman finally filed his expected SPAC IPO, Pershing Square Tontine Holdings, Ltd., (PSTH.U). Previously, it was rumored that the Pershing Square SPAC would come in at around $1.5 billion.
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Earlier today, Bill Ackman and Pershing Square filed for the largest ever SPAC with the $3.0 billion Pershing Square Tontine Holdings Ltd. (PSTH.U).
I guess size does matter, because Ackman didn’t just nudge past Churchill Capital III’s highwater mark of $1.1 billion, but blew right past it and threw in a couple of massive forward purchases for good measure.
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On Friday, Greencity Acquisition Corporation (GRCYU) filed for their $40 million IPO. They will be focused on the Asian middle-market, with emphasis on finding one or more companies between $150 to $250 million of total enterprise value.
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Tortoise Acquisition Corp. (SHLL), announced this morning that they have signed a definitive business combination agreement with Hyliion Inc., a leader in electrified powertrain solutions for Class 8 commercial vehicles.
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Yesterday, June 18th, Opes Acquisition Corp. (OPES), held their shareholder vote to extend the SPAC’s maturity date by three months from June 18th to September 16th, giving them more time to close their intended transaction with BurgerFi.
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This morning, Far Point Acquisition Corp. (FPAC) finally filed a new preliminary proxy for a shareholder vote for their intended combination with Global Blue. However, “intended” is a funny word and it no longer really applies since the FPAC board is still recommending shareholders vote against this transaction.
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On Tuesday, June 16th, LF Capital Acquisition Corp. (LFAC), held their shareholder vote to extend the SPAC’s maturity date by three months from June 22nd to September 22nd, to give them more time to find a target and close a deal.
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KBL Merger Corp. IV (KBLM), filed a preliminary proxy this afternoon proposing to extend their current completion deadline another four months from July 9, 2020 to November 9, 2020. For reference, KBLM originally announced they had signed a definitive agreement with CannBioRx, back on July 26, 2019, almost a year ago.
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It was announced today that the “white shoe” law firm of White & Case LLP, has entered the SPAC business by bringing on a new team of lawyers from Winston & Strawn.
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After Tuesday’s close, Accel Entertainment (ACEL), which was brought public last year through TPG Pace Holdings (TPGH), became the first de-SPAC’d company to call its warrants for shares with a trigger above $10.
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If you haven’t previously registered, don’t forget to sign up to participate in the Gateway Investors Relations/SPACInsider SPAC Webinar, to be held today, June 17th.
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Trebia Acquisition Corp. (TREB.U), announced the pricing of their upsized $450 million SPAC IPO tonight and the units are expected to begin trading tomorrow, Wednesday, June 17th, under the symbol NYSE: TREB.U
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Therapeutics Acquisition Corp. (TXACU) filed its S-1 yesterday for what we believe will be a highly-anticipated offering. The SPAC market is benefiting from recent successful high-profile combinations and the healthcare industry is gaining investor interest given the universal search for a vaccine.
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Last week, PTK Acquisition Corp. (PTK.U) filed for a $100 million IPO. The focus of this first time SPAC will be “businesses operating in the United States in the high-tech industry”.
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Act II Global Acquisition Corp. (ACTT) filed an 8-K on Tuesday morning announcing a number of amendments to their merger agreement with Whole Earth Brands. The transaction is now expected to total $439.0M vs.
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