Posts
June 26 2023
Restaurant chain Pinstripes to go public via $520 million SPAC deal
Restaurant chain Pinstripes, which offers Italian food along with bowling and bocce, said on Friday it will go public through a merger with a blank-check firm in a deal valued at about $520 million and plans to list on the New York Stock Exchange around the end of the fourth quarter.
www.reuters.com
June 22 2023
Adam Dooley’s SPAC to Merge With Debt Servicer Unifund
Dooley launched the SPAC in 2021, with the goal of acquiring wealth management firms. It now plans to take Unifund, a consumer debt servicer, public in a $238 million deal.
www.wealthmanagement.com
June 21 2023
U.S. securities regulator hits top SPAC auditor with $10 million fine
The U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 million penalty for standards violations and systemic quality control failures in its audit work for hundreds of special purpose acquisition companies, or SPACs.
www.reuters.com
June 06 2023
Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
Beneficient is set to go public this week with a blank-check vehicle in a deal valuing the financial services firm at about $3.3 billion, a source familiar with the matter said on Tuesday.
www.reuters.com
June 01 2023
Why Dealmaker Betsy Cohen Believes SPACs Will Make A Comeback
www.forbes.com
May 31 2023
German family-owned Schmid Group aims for SPAC listing on NYSE
Germany’s Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million.
www.reuters.com
May 02 2023
Ares’s $500 Million SPAC Marks Return of Jumbo Blank-Check Firms
A $500 million special-purpose acquisition company backed by Ares Management Corp. is the first jumbo blank check firm to emerge after more than a year of mostly tiny offerings.
www.bloomberg.com
April 19 2023
Florida-based Sunergy Renewables to go public via $475 million SPAC deal
Solar energy company Sunergy Renewables said on Wednesday it will go public via a merger with blank-check firm ESGEN Acquisition Corp (ESAC.O) in a deal that will value the combined company at $475 million.
www.reuters.com