People in finance love to make things super complicated. Throw in some legal language and trying to make sense of the Easterly announcement and subscription agreement will make you feel like you belong in remedial reading.
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Hennessy Capital Acquisition Corp. III, announced this morning that they have secured capital commitments to the tune of $85 million, thereby securing the necessary financing to complete their business combination with NRC Group.
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Longevity Acquisition Corp. announced the pricing of their $40 million SPAC tonight and the unit will begin trading on the Nasdaq tomorrow morning under the symbol LOACU.
Longevity is being led by Matthew Chen, as Chairman and CEO and intends to focus on companies in the PRC.
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To cap off a very busy August, Longevity Acquisition Corporation, filed their CERT today, indicating they will be pricing their IPO tonight for trading Wednesday (Nasdaq: LOACU).
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Megalith Financial Acquisition Corp. announced the pricing of their $150 million SPAC last night and the unit will begin trading on the NYSE this morning under the symbol MFAC.U.
Megalith, which intends to focus on financial services and fintech companies, is being led by Jay Sidhu, as Executive Chairman, and Samvir Sidhu, as CEO.
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Megalith Financial Acquisition Corp. filed an amended S-1 this afternoon with a few changes to the terms and its very positive.
First, Megalith now has 21 months to find an acquisition, down three months from the previous 24 months.
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Avista Healthcare filed a preliminary proxy tonight to extend their completion deadline by 120 days from October 14th to February 15th, 2019, via shareholder vote.
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Tenzing Acquisition Corporation announced the pricing of their upsized $55 million SPAC last night and the unit will begin trading this morning under the symbol TZACU.
Tenzing, which intends to focus on companies in India that have an enterprise value between $150 million and $500 million, is being led by Rahul Nayar, as CEO, and Parag Saxena, as Chairman.
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(The post below is an excerpt from the weekly subscriber email sent out every Monday morning before the market open.)
Question: If a SPAC announces their acquisition on a summer Friday, in the back half of August, after 5:00PM and without a follow-up conference call, do you think the SPAC team is eager to talk to investors?
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Churchill Capital Corp. filed for a $400 million IPO very late Friday evening, with a focus on the technology and software sectors. Churchill is being led by Jerre Stead, as CEO and Director, and Michael Klein, as Chairman.
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When it comes to SPACs, the accountants are usually not the first phone call when it comes to choosing your deal team. It’s usually the underwriters first, then the lawyers and finally….the
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Atlantic Acquisition Corp. (“ATAQ”), released the results of its shareholder vote to approve ATAQ’s previously announced business combination with HF Group Holding Corporation, a leading food-service distributor operated by Chinese Americans serving Chinese/Asian restaurants that are primarily Chinese takeout restaurants located in the southeastern United States.
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Tenzing Acquisition Corp., an India-focused SPAC, filed an amended prospectus tonight with a notable change to the terms.
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TKK Symphony Acquisition Corporation announced the pricing of their $220 million SPAC this morning and the unit will begin trading today under the symbol TKKSU.
TKK Symphony intends to focus on consumer and lifestyle companies in the PRC and is being led by Mr.
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Jensyn Acquisiton Corp., in an surprise move after releasing their definitive proxy statement this morning to extend their completion date to January 3, 2019, released ANOTHER statement shortly before the closing bell.
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TKK Symphony is widely expected to price their $200 million China consumer/lifestyle SPAC tonight. As a reminder, TKK Symphony is being led by Sing Wang, as Chairman and CEO.
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I-AM Capital Acquisition Company, which had originally scheduled its shareholder vote to approve its business combination with Smaaash Entertainment for tomorrow (August 15, 2018), is postponing the vote-date to September 7th.
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Federal Street Acquisition Corp. (“FSAC”) announced early this morning they have entered into a definitive merger agreement with Universal Hospital Services, Inc. (“UHS”), a leading, nationwide provider of healthcare technology management and service solutions and a portfolio company of Irving Place Capital Management, L.P.
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Late Friday afternoon, while everyone was waiting to see if Chinh Chu would finally file for his second IPO, the Gores team made a surprise filing with their third SPAC – Gores Holdings III, Inc.
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Last night, Spartan Energy announced the pricing of their $480 million Apollo sponsored SPAC. The unit will begin trading this morning under the symbol SPAQ.U.
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