Posts
November 25 2020
TMT SPAC Forest Road Acquisition prices upsized $261 million IPO at $10
Forest Road Acquisition, a blank check company formed by Forest Road targeting TMT businesses, raised $261 million by offering 26.1 million units at $10. The company offered 1.1 million more units than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable $11.50.
www.nasdaq.com
November 24 2020
Roth Capital’s second SPAC Roth CH Acquisition II files for a $100 million IPO
Roth CH Acquisition II, the second blank check company formed by executives at Roth Capital and Craig-Hallum, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
www.renaissancecapital.com
November 24 2020
Globis Capital and Chardan’s SPAC Globis Acquisition files for a $100 million IPO
Globis Acquisition, a blank check company formed by Globis Capital Advisors and Chardan Capital Markets targeting economic globalization, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
www.nasdaq.com
November 24 2020
A SPAC called FLAC? Seattle venture capital firm to launch $100 million ‘blank check’ company
One of Seattle’s biggest and longest active venture capital firms is looking to jump into the SPAC arena. Frazier Healthcare Partners — which has invested in biotechnology companies since 1991 — filed with the Securities and Exchange Commission to raise $100 million for a special purpose acquisition corporation, also known as a SPAC.
www.geekwire.com
November 24 2020
UpHealth, Cloudbreak merge with blank check company in $1.35B deal
The rush of M&A activity in the digital health space continues as a deal involving a blank check company and two virtual care companies has created a new public digital health company.
www.fiercehealthcare.com
November 23 2020
Microsoft cloud partner AvePoint going public via merger with blank-check company Apex Technology
AvePoint Inc., a data management provider and Microsoft Corp. MSFT, 0.25% cloud partner, is going public through a merger with blank-check company Apex Technology Acquisition Corp. APXT, 4.67%, in deal valuing the equity value of the combined company at $2 billion.
www.marketwatch.com
November 20 2020
Cascade Acquisition Corp. announced the pricing of its initial public offering in the amount of $200,000,000. EGS acted as counsel to Cascade Acquisition Corp.
November 19 2020
Samsara BioCapital’s biopharma SPAC Jiya Acquisition prices $100 million IPO at $10
Jiya Acquisition, a blank check company formed by Samsara BioCapital targeting the biopharmaceutical sector, raised $100 million by offering 10 million shares at $10. Unlike an ordinary SPAC, Jiya Acquisition did not offer units with warrants attached.
www.nasdaq.com