Blank-check company Seaport Global Acquisition Corp. SGAMU, has filed to go public, as the special purpose acquisition company (SPAC), sponsored by Seaport Global Asset Management LLC, looks to raise about $125 million.
www.marketwatch.com
Posts
October 15 2020
SPACs are all the rage today. With the IPO market booming and public investors seeking better returns, blank check companies called “Special Purpose Acquisition Companies” (SPACs) have been fueling up their tanks and chasing down their merger targets.
www.forbes.com
October 14 2020
Supply-Chain Tech Firm E2open to Go Public in SPAC Deal
Supply-chain software provider E2open LLC plans to go public through an agreement with a blank-check company, making it the latest in a stream of companies bypassing the traditional path to a Wall Street listing.
www.wsj.com
October 14 2020
Proptech investors behind Porch SPAC eye second $175M blank-check company
Capitalizing on the SPAC frenzy, real estate investors Joseph Beck and Thomas Hennessy are looking to raise $175 million for a second blank-check company in less than a year.
www.therealdeal.com
October 13 2020
Why the sports industry is thirsty for SPACs
The SPAC attack has reached the sports industry. If Spotify in 2018 popularized the direct listing—a method of going public with no roadshow, less hype, and no new shares created—Virgin Galactic, DraftKings, and Nikola have ushered in the era of the SPAC (special-purpose acquisition corp), in which a private company merges with an already-public “blank check” company to raise capital and become publicly traded.
www.ca.news.yahoo.com
October 13 2020
Kingswood’s financials SPAC Kingswood Acquisition files for a $150 million IPO
Kingswood Acquisition, a blank check company formed by Kingswood targeting the financial services industry, filed on Tuesday with the SEC to raise up to $150 million in an initial public offering.
www.nasdaq.com
October 13 2020
SoftBank’s Vision Fund to unveil blank-check company
SoftBank Group’s Vision Fund will lay out plans to launch a blank-check company in the next two weeks, becoming the latest high-profile group looking to raise money from a special-purpose acquisition company.
www.therealdeal.com
October 13 2020
October 09 2020
Sports and entertainment SPAC Sports Ventures Acquisition files for a $200 million IPO
Sports Ventures Acquisition, a blank check company targeting sports, media, and entertainment, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
www.renaissancecapital.com