Posts
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
November 05 2020
Blank-check company circles AT&T’s struggling DirecTV – report
AT&T seems to have no difficulties in attracting suitors for a stake in DirecTV, its struggling satellite TV business. Following on from speculation earlier this week that AT&T was in discussions about a deal of some sort with various private equity firms, including Apollo Management, Bloomberg has reported that Churchill Capital Corp. IV, a special purpose acquisition company (SPAC) run by former Citigroup banker Michael Klein, is also interested in snapping up a stake in the satellite TV business.
www.lightreading.com
November 04 2020
Investment veterans’ SPAC Tiga Acquisition files for a $200 million IPO
Tiga Acquisition, a blank check company formed by Tiga Investments, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering.
www.renaissancecapital.com
November 03 2020
Technology-focused SPAC Benessere Capital Acquisition files for a $100 million IPO
Benessere Capital Acquisition, a blank check company targeting middle market technology businesses in the Americas, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
www.renaissancecapital.com
November 02 2020
Lidar startup Aeva to go public via $2.1 billion SPAC merger
Aeva, a Mountain View, California-based lidar company started by two former Apple engineers and backed by Porsche SE, is merging with special purpose acquisition company InterPrivate Acquisition Corp., with a post-deal market valuation of $2.1 billion.
www.techcrunch.com
November 02 2020
Samsara BioCapital’s biopharma SPAC Jiya Acquisition files for a $100 million IPO
Jiya Acquisition, a blank check company formed by Samsara BioCapital targeting the biopharmaceutical sector, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
www.nasdaq.com