Posts
December 28 2020
Viveon Health Acquisition Corp. Announces Closing of $175 Million Initial Public Offering
Viveon Health Acquisition Corp. (NYSE: “VHAQU” or the “Company”) announced today that it closed its initial public offering of 17,500,000 units, resulting in total gross proceeds of $175,000,000.
www.globenewswire.com
December 28 2020
New Direct Listing Rules Challenge SPACs
Special Purpose Acquistion Companies (SPACs) took center stage in 2020. But new direct listing rules may get traction in 2021. Both innovations are a potential negative for the traditional IPO and associated investment banking fees.
www.forbes.com
December 27 2020
DraftKings, Skillz SPAC Team Launch $1.5 Billion Spinning Eagle: What Investors Should Know
A well-known SPAC team is launching a $1.5 billion offering that could be highly anticipated by investors given their history in the space. Spinning Eagle Acquisition Corp: A new SPAC called Spinning Eagle Acquisition Corp filed for registration on December 23.
www.finance.yahoo.com
December 23 2020
Blank-check firm founded by Hollywood exec Sagansky files for $1.5 billion IPO
Spinning Eagle Acquisition Corp, a blank-check company founded by Hollywood executive Jeff Sagansky, on Wednesday filed to go public, seeking to raise up to $1.5 billion.
www.reuters.com
December 23 2020
No End in Sight for Blank-Check Firms After Year of the SPAC
There’s no stopping the SPAC, which emerged from obscurity to seemingly take over finance in 2020. Special purpose acquisition companies, or SPACs, went from a back-of-the-shelf financial vehicle to one of the biggest segments of initial public offerings, with a record $78 billion raised in the U.S. this year,…
www.bloomberg.com
December 21 2020
SoftBank launches blank-check company to raise $525 million
SoftBank Group Corp on Monday filed to raise $525 million through a blank-check company as the Vision Fund’s managers join the craze for the listing vehicles.
www.reuters.com
December 07 2020
Exclusive: Online lender SoFi explores deal to go public – sources
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday.
www.reuters.com
December 07 2020
7GC & Co. Holdings, a tech SPAC formed by 7GC and Hennessy Capital, files for a $175 million IPO
7GC & Co. Holdings, a blank check company formed by 7GC and Hennessy Capital targeting a tech business, filed on Monday with the SEC to raise up to $175 million in an initial public offering.
www.nasdaq.com