Posts
May 11 2021
Analyzing the Future of the Special Purpose Acquisition Company (SPAC)
Blank-check transactions have slowed as compared to prior quarters, but that fact alone is not a commentary on the viability of the asset class itself.
www.nasdaq.com
May 11 2021
SoftBank-backed Better to go public in $7.7 bln SPAC deal
SoftBank Group Corp-backed (9984.T) Better HoldCo said on Tuesday it will go public through a merger with a blank-check firm sponsored by investment firm Novator Capital, valuing the mortgage startup at $7.7 billion.
www.reuters.com
May 11 2021
Bill Gates-backed Ginkgo Bioworks going public via $15 billion SPAC
Boston-based biotech company Ginkgo Bioworks will make its market debut by merging with Soaring Eagle Acquisition Corp., the blank-check company led by former MGM CEO Harry Sloan.
www.cnbc.com
May 10 2021
Gores Completes SPAC Deal Valued at $2.2 Billion
A special purpose acquisition company backed by billionaire Alec Gores and investment partner Dean Metropoulos will take short-term lodging startup Sonder Holdings Inc. public.
www.labusinessjournal.com
May 10 2021
Vice Media Targets Valuation of Nearly $3 Billion in Proposed SPAC Deal
Vice Media Group’s plans to go public through a nearly $3 billion merger with a blank-check firm would leave existing investors with control of the company and remove Vice’s onerous financial obligations to private-equity firm TPG, according to people familiar with the matter.
www.wsj.com
May 10 2021
Self-driving truck startup Plus to go public through $3.3 bln SPAC deal
Plus said on Monday it would go public through a merger with blank-check company Hennessy Capital Investment Corp. V (HCIC.O) in a deal that values the self-driving truck technology startup at $3.3 billion.
www.reuters.com
May 05 2021
Get Ready to Party Like it’s 2021: Hosting Private Events in the COVID-19 Era
You are cordially invited to join employment lawyers from Ellenoff Grossman & Schole LLP for a complimentary webinar to assist restaurants, caterers, hotels and other venues that host large private events in understanding the New York State guidance and related legal issues regarding in-person events.
Click here to register.
May 03 2021
Client Alert: Submit Your Restaurant Revitalization Fund Application Today
Starting at 12:00 p.m. today, restaurant and foodservice operations could apply for a grant through the $28.6B Restaurant Revitalization Fund (RRF). Applicants must register with SBA in order to submit an application (unless you are applying through your point-of-sale vendor).
Click here to read the alert.