Posts
November 16 2020
ANALYSIS: Investor Hunger for SPACs Is Hitting Limits … for Now
The insatiable appetite for U.S. SPAC IPOs may finally have reached its limit. It is not that investors have suddenly turned sour on blank-check companies. Rather, broader economic concerns, combined with the investment and insurance industries’ own limits on SPAC exposure, are producing a market pause and a trend toward increasingly discerning investing.
www.news.bloomberg.com
November 16 2020
TS Innovation Acquisitions Corp. Closes $300M IPO
TS Innovation Acquisitions Corp., a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced that it has closed its initial public offering of 30,000,000units at $10.00 per unit on November 13, 2020. Each unit consists of one share of common stock and one-third of one redeemable warrant.
www.newyork.citybizlist.com
November 16 2020
A billionaire investor heralded as “the next Warren Buffett” handed cash to hedge-fund manager Bill Ackman and “Moneyball” star Billy Beane last quarter, backing the pair to strike lucrative deals in the coming months.
www.markets.businessinsider.com
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