Posts
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
February 08 2021
Chinese EV startup Byton explores listing via SPAC deal -sources
Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.
www.reuters.com
February 08 2021
Jeff Bezos-backed startup Nautilus Biotechnology set to go public via SPAC at $900M valuation
Nautilus Biotechnology, a Seattle-based biotech startup led by Isilon co-founder Sujal Patel, is the latest company to go public using a special purpose acquisition company, or SPAC.
www.geekwire.com
February 05 2021
Danny Meyer has started a SPAC. But he isn’t necessarily targeting a restaurant. The famed CEO and chairman of Union Square Hospitality Group (USHG) as well as Shake Shack is the chairman of USHG Acquisition Corp., a $250 million SPAC, or special purpose acquisition company that filed its registration documents with federal regulators on Friday.
www.restaurantbusinessonline.com