Posts
January 22 2021
Lucid Motors prepares to go public thanks to Saudi money and SPAC mania
Lucid Motors was near death and desperate for cash in 2018 when it was handed a lifeline. The savior was Saudi Arabia. The desert kingdom’s sovereign wealth fund invested $1.3 billion in the electric car start-up. Lucid regained full health.
www.latimes.com
January 22 2021
Avi Katz’s fourth SPAC GigCapital4 files for a $260 million IPO
GigCapital4, the fourth blank check company led by semiconductor veteran Avi Katz, filed on Friday with the SEC to raise up to $260 million in an initial public offering.
www.nasdaq.com
January 22 2021
Charging Network EVgo Near Merger With Climate Change SPAC
EVgo Services LLC, a charging network for electric vehicles that’s entirely powered by renewable energy, is nearing a deal to go public through a merger with Climate Change Crisis Real Impact I Acquisition Corp., according to people with knowledge of the matter.
www.finance.yahoo.com
January 22 2021
Chera family goes SPAC shopping
One of New York’s biggest retail owners is going shopping — with a blank check. The Chera family’s Crown Acquisitions is raising $200 million for a special purpose acquisition company, or SPAC, that is focused on proptech, according to a regulatory filing.
www.therealdeal.com
January 21 2021
Digital media and entertainment SPAC Isos Acquisition files for a $200 million IPO
Isos Acquisition, a blank check company targeting the digital media and entertainment sectors, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
www.nasdaq.com
January 20 2021
Thoma Bravo Advantage Completes $1,000,000,000 Initial Public Offering
Thoma Bravo Advantage (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization…
www.prnewswire.com
January 20 2021
Bancorp-led SPAC FTAC Athena Acquisition files for a $220 million IPO
FTAC Athena Acquisition, the seventh blank check company formed by management of The Bancorp to acquire a fintech business, filed on Wednesday with the SEC to raise up to $220 million in an initial public offering.
www.nasdaq.com
January 20 2021
Betsy Cohen-backed SPAC to raise $220 mln in IPO
Blank-check firm FTAC Athena Acquisition Corp, backed by banking entrepreneur Betsy Cohen, aims to raise about $220 million through an initial public offering (IPO), a regulatory filing by the firm showed on Wednesday.
www.finance.yahoo.com