Posts
May 17 2021
15 SPACs have merger votes in the next 30 days. With the SEC’s paperwork kinks nearly worked out, expect some more to come in as well. And SCVX taking Bright Machines public.
www.thestreet.com
May 17 2021
Redbox to Go Public in SPAC Deal Valued at $693 Million
Redbox said Monday that it’s going public by merging with the Seaport Global Acquisition SGAM special-purpose-acquisition company, a deal giving the movie-rental company an enterprise value of $693 million.
www.thestreet.com
May 16 2021
Bright Machines nears SPAC deal to go public
Bright Machines is nearing a merger with a special-purpose acquisition company to go public in a deal that would value the manufacturing-automation business at about $1.6 billion, according to people familiar with the matter.
www.foxbusiness.com
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