Posts
March 23 2021
As Retail-Focused SPACS Gain Steam, How Can Blank Check Firms, Target Companies Mitigate Liability?
KKR Acquisition Holdings I Corp raised $1.2 billion in an upsized initial public offering (“IPO”) on March 17. Trading on the New York Stock Exchange via ticker KAHC, the newly-public Special Purpose Acquisition Company (“SPAC”) was founded by private equity firm KKR & Co.
www.thefashionlaw.com
March 16 2021
First SPAC in Europe’s Rich North Has Bankers Lining Up for More
The bank behind Scandinavia’s first special purpose acquisition company is now building out its corporate finance unit, with headcount set to grow by as much as 10%.
www.bloomberg.com
March 16 2021
Cushman & Wakefield Files for $250 Million Real Estate-Focused SPAC
The real estate industry SPAC craze continues. This time it’s Cushman & Wakefield (NYSE: CWK). The Chicago-based company plans to raise $250 million by offering 25 million units at $10.
www.fool.com
March 16 2021
Vice Nears SPAC Deal Priced at Less Than Half of Previous $5.7 Billion Valuation (Report)
Vice and BuzzFeed are each looking to go public through a deal with a special purpose acquisition company, or SPAC, according to a report from The Information on Tuesday morning. Both deals, according to the report, are “likely” to come in below what the outlets have previously been valued at.
www.yahoo.com
March 16 2021
eToro to go public via merger with blank check company at $10.4bn valuation
London-based investment platform eToro is set to merge with a blank check company after years of speculation about the fintech firm going public.
www.theblockcrypto.com
March 15 2021
eToro Nears $10 Billion Merger With Betsy Cohen SPAC
Trading platform EToro, a rival to Robinhood Markets Inc., plans to go public via a merger with a blank-check firm led by serial dealmaker Betsy Cohen.
www.bloomberg.com
March 15 2021
Blank-check firm Greenrose buys four companies to build U.S. cannabis network
Blank-check company Greenrose Acquisition Corp said it would buy four private companies to build a cannabis cultivation, distribution and retail network across seven U.S. states, betting on the nation’s pot industry opening up soon.
www.reuters.com
March 10 2021
BuzzFeed is considering going public through a merger with the special-purpose acquisition company 890 Fifth Avenue Partners, Bloomberg reported Wednesday.
www.businessinsider.com