Posts
February 18 2021
Singapore Exchange Hopes to List SPACs as Early as This Year
Singapore Exchange Ltd. could list blank-check companies this year if it gets enough support from the industry. An impending market consultation on special purpose acquisition companies this quarter could take some time to get feedback, Chief Executive Officer Loh Boon Chye said in an interview Wednesday.
www.bloomberg.com
February 18 2021
Battery Sector Finance Benefits From SPAC Attack
The rise of special acquisition companies, or SPACs, was one of finance’s biggest stories in 2020. Soaring enthusiasm for clean energy investments has now gone mainstream, fueling the proliferation of these ‘blank check companies’ designed to raise money through an IPO for the sole purpose of acquiring a company.
www.forbes.com
February 18 2021
SPAC Kismet Acquisition Two prices $200 million IPO
Kismet Acquisition Two, the second blank check company led by the former CEO of Russia’s MegaFon targeting a European business, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
www.nasdaq.com
February 17 2021
Electric Jet-Ski Maker Taiga to Go Public Via Canaccord SPAC
Electric jet-ski maker Taiga Motors plans to go public via a merger with a blank-check company sponsored by Canaccord Genuity Group Inc., taking advantage of investor demand for companies that can burnish their environmental credentials.
www.bloomberg.com
February 17 2021
Satellite Data Firm BlackSky Going Public in Merger With Osprey SPAC
BlackSky Holdings Inc., a satellite imagery and data company, is going public through a reverse merger with blank-check company Osprey Technology Acquisition Corp.
www.bloomberg.com
February 17 2021
Warburg Pincus aims to raise up to $750 million in IPOs for two blank-check firms
Private equity firm Warburg Pincus is looking to raise up to $750 million for two blank-check firms that could merge with businesses with near-term potential to bring in strong free cash flow, according to regulatory filings on Wednesday.
www.reuters.com
February 17 2021
Former Boeing CEO’s blank check company raises $240M for future aerospace deal
New Vista Acquisition Corp., the blank-check company founded by former Boeing CEO Dennis Muilenburg to prime the pump for a future high-tech acquisition, went on the market today with an initial public offering valued at $240 million.
www.greekwire.com
February 16 2021
JPMorgan puts key dealmakers in charge of SPAC unit to lure EMEA clients – memo
JPMorgan JPM.N is deploying two of its most senior dealmakers in Europe, the Middle East and Africa to help a stream of blank cheque companies that have listed over the past year find acquisition targets in the region.
www.nasdaq.com