Posts
November 13 2020
EV battery maker Microvast to go public through SPAC merger
Electric-vehicle battery maker Microvast has agreed to go public through a merger with Tuscan Holdings Corp THCB.O, the blank-check company said here on Friday.
www.in-reuters.com
November 13 2020
Northern Star Acquisition Corp. Announces Closing of $250,000,000 Initial Public Offering
Northern Star Acquisition Corp. (the “Company”) announced today that it closed its initial public offering of 25,000,000 units at $10.00 per unit. The units were listed on the New York Stock Exchange (“NYSE”) and began trading on Wednesday, November 11, 2020, under the ticker symbol “STIC.U”.
www.valdostadailytimes.com
November 10 2020
Should your company consider a SPAC?
Special purpose acquisition companies are becoming more popular as companies and investors see the benefits of going public without the time commitment and cost of a regular IPO.
www.cfodive.com
November 10 2020
Netfin Acquisition Corp. and Triterras Fintech Pte. Ltd. Announce Closing of Business Combination
Netfin Acquisition Corp. (Nasdaq: NFIN, NFINW) (“Netfin”) (“Netfin”) and Triterras Fintech Pte. Ltd. (“Triterras Fintech”) jointly announced today that they have closed their previously announced business combination (the “business combination”). The business combination was approved at an extraordinary general meeting of Netfin’s stockholders held today.
www.streetinsider.com
November 09 2020
Playboy Enterprises, Inc. (the “Company” or “Playboy”), one of the largest and most recognizable lifestyle brands in the world, and Mountain Crest Acquisition Corp (Nasdaq: MCAC) (“Mountain Crest”), a publicly-traded special purpose acquisition corporation, today announced that Mountain Crest has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the previously announced business combination transaction between Playboy and Mountain Crest.
www.businesswire.com
November 08 2020
New York investment fund Blackstone’s Paysafe in merger talks with Foley’s SPAC
Paysafe Group Inc., the London-based online payment firm backed by the world’s largest alternative asset investment fund Blackstone having had $571 billion worth of assets under its management to date alongside CVC Capital Partners, had been in an advanced stage merger talk with a blank-check SPAC founded by an old-school investor Bill Foley, a Bloomberg news report published late on Friday had unveiled.
www.financial-world.org
November 05 2020
Kingswood Acquisition, a blank check company formed by Kingswood targeting the financial services industry, lowered the proposed deal size a second time for its upcoming IPO on Thursday.
www.renaissancecapital.com
November 05 2020
Sustainable food SPAC Natural Order Acquisition lowers deal size by 20% ahead of $200 million IPO
Natural Order Acquisition, a blank check company focusing on technologies and products related to sustainable plant-based food and beverages, lowered the proposed deal size for its upcoming IPO on Thursday.
www.renaissancecapital.com