Posts
October 30 2020
Russell Galbut and partner launch blank check company, plan to raise $100M
Developer Russell Galbut and investor Michael S. Liebowitz formed a blank check company aimed at raising $100 million to invest in travel, hospitality, fintech, insurance tech, proptech and other industries impacted by the pandemic.
www.therealdeal.com
October 30 2020
Blank-Check Stocks Engulfed in Market Selloff After SPAC Frenzy
After all the hype around blank-check companies earlier this year, things have gotten ugly, with those shares selling off amid a stock-market rout.
www.bloomberg.com
October 29 2020
Mallard Acquisition Corp. Closes $110M IPO
Mallard Acquisition Corp. (NASDAQ: MACUU) announced today that it closed its initial public offering of 11,000,000 units, resulting in total gross proceeds of $110,000,00.
www.newyork.citybizlist.com
October 29 2020
SPAC: Periphas Capital Partnering Corporation files for a $300 million IPO
Periphas Capital Partnering, a blank check company formed by Periphas Capital, filed on Thursday with the SEC to raise up to $300 million in an initial public offering.
www.renaissancecapital.com
October 28 2020
Alberton Acquisition Corp. Announces Signing of Merger Agreement with SolarMax Technology, Inc.
Alberton Acquisition Corp. (“Alberton”) (NASDAQ: ALAC) announced today that it has entered into an agreement and plan of merger (the “Merger Agreement”) by and among Alberton, SolarMax Technology, Inc., a Nevada corporation (“SolarMax”),…
www.streetinsider.com
October 27 2020
Tekkorp, the new SPAC on the block
Pointing out an unsustainable investment frenzy is a thankless task. By its very nature, a frenzy means that there is easy money to be made.
www.calvinayre.com
October 27 2020
Sustainable rubber ingredient maker Bolder in talks to go public
Bolder Industries has signed a letter of intent (LOI) to merge with blank-check acquisition company GigCapital2 Inc GIX.N in a deal that would take the U.S. sustainable rubber ingredient manufacturer public and value it at $880 million, including debt, the two companies said on Tuesday.
www.reuters.com
October 26 2020
General Catalyst-backed blank-check firm looks to raise up to $500 million in IPO
A blank-check firm backed by General Catalyst is looking to raise up to $500 million in its initial public offering, making it the latest venture capital firm to file for a special purpose acquisition company.
www.reuters.com