Posts
February 09 2021
Fifth Wall Acquisition Corp. I Announces Closing of $345 Million Initial Public Offering
Fifth Wall Acquisition Corp. I (the “Company” or “FWAA”), a special purpose acquisition company, today announced the closing of its initial public offering (“IPO”) of 34,500,000 shares of Class A Common Stock, including 4,500,000 shares issued to the underwriters upon the full exercise of their over-allotment option, at a price to the public of $10.00 per share. The shares began trading on The Nasdaq Stock Market, LLC (“Nasdaq”) under the symbol “FWAA” on February 5, 2021.
www.prnewswire.com
February 09 2021
Asia-focused SPAC Venus Acquisition prices $40 million IPO
Venus Acquisition, a blank check company targeting businesses that have a connection to the Asian market, raised $40 million by offering 4 million units at $10.
www.nasdaq.com
February 09 2021
Endless Boom in Blank Check Companies Is Wearing Out Insurers
The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year.
www.bloomberg.com
February 09 2021
InterPrivate Plans Three New SPACs Amid Blank-Check Bonanza
InterPrivate is seeking to raise at least $600 million for three new special purpose acquisition companies, according to a person with knowledge of the matter, underscoring the expectation that the appetite for new blank-check companies is unlikely to abate.
www.bloomberg.com
February 08 2021
EXCLUSIVE-Veteran investor Foley plans to raise $1.5 bln through two SPACs – source
Veteran investor Bill Foley plans to raise two new blank-check acquisition vehicles which will be named after a Napoleonic battle and seek around $1.5 billion in total from their initial public offerings (IPOs), a person familiar with the matter said on Monday.
www.nasdaq.com
February 08 2021
GigCapital4, Inc. Announces Pricing of Upsized $312,000,000 Initial Public Offering
GigCapital4, Inc. (NASDAQ: GIGGU) (the “Company” or “GigCapital4”) today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock and one-third (1/3) of one redeemable warrant of the Company.
www.businesswire.com
February 08 2021
Klein’s seventh SPAC Churchill Capital Corp VII more than triples deal size ahead of $1 billion IPO
Churchill Capital Corp VII, the seventh blank check company founded by dealmaker and former Citi executive Michael Klein, raised the proposed deal size for its upcoming IPO on Monday.
www.renaissancecapital.com
February 08 2021
Shares of Tortoise Acquisition Corp. II spiked as much as 47% on Monday after the special purpose acquisition company (SPAC) announced a merger deal with the EV charging station manufacturer Volta Industries.
www.markets.businessinsider.com