Posts
March 08 2021
U.S. crowd-safety firm Evolv to go public in a $1.7 billion SPAC deal
U.S. crowd-safety company Evolv Technology said on Sunday it is combining with blank-check firm NewHold Investment to go public in a deal that will value it at about $1.7 billion.
www.cnbc.com
March 02 2021
Zulily co-founder latest to join SPAC mania
Mark Vadon, the Seattle e-commerce entrepreneur who co-founded Zulily and Blue Nile and served as chairman of Chewy, is joining the SPAC craze.
www.geekwire.com
March 02 2021
Rainmaker Moelis Joins Exclusive Club With SPAC Triple Play
Even by the standards of the booming SPAC world, Wall Street veteran Ken Moelis has achieved a rare feat: three new blank-check companies in a single day.
www.bloomberg.com
March 02 2021
Blank-Check Company Craze Prompts BMO to Bulk Up SPACs Banking
Bank of Montreal’s investment bank is building up its capabilities to help clients establish blank-check companies as the Canadian firm seeks to play a bigger role in the fast-growing trend.
www.bloomberg.com
March 01 2021
Serial Dealmaker Bill Foley Looks for Carveouts With New SPAC
Bill Foley, one of the highest-profile names in blank-check dealmaking, is on the lookout for public company assets that it could take public as a separate business.
www.bloomberg.com
February 28 2021
New World’s Adrian Cheng Plans Up to $400 Million SPAC
New World Development Co.’s Adrian Cheng is planning to raise funds through a special purpose acquisition company in the U.S., according to people familiar with the matter, making him the latest Hong Kong tycoon to jump on the blank-check firm bandwagon.
www.bloomberg.com
February 25 2021
A Fundamentally Different Kind of SPAC
Special Purpose Acquisition Company (SPAC) IPOs have generated a lot of buzz recently, and for good reason: 242 SPACs were launched in 2020 alone.
www.nasdaq.com
February 25 2021
African Gold SPAC Targeting ‘Well-Trodden’ Nations Raises Cash
African Gold Acquisition Corp., a special purpose acquisition company targeting gold assets on the continent, raised a more-than-expected $360 million ahead of a listing in New York on Friday.
www.bloomberg.com