Posts
October 06 2020
Clover Health to go public via $3.7 billion deal with Social Capital
U.S. insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III IPOC.N in a deal valued at $3.7 billion including debt, the company said on Tuesday.
www.reuters.com
October 06 2020
Space company Momentus looks to go public through a SPAC with near $1 billion valuation
Space transportation company Momentus is in final talks to go public through an acquisition by Stable Road Capital, a person familiar with the discussions told CNBC on Tuesday.
www.cnbc.com
October 05 2020
More Chaos in Washington Could Make SPACs Look Appealing
Hi! This is Crystal Tse with Bloomberg’s deals team. It feels like a good time not to be at the mercy of Wall Street fluctuations. Investors are bracing for chaos with the U.S. president hospitalized, Covid-19 ripping through Washington, D.C. and a fiercely contested presidential election just weeks away.
www.bloomberg.com
October 05 2020
EV battery maker Romeo Systems to go public through a $1.33 bln SPAC deal
Romeo Systems Inc, a battery maker for electric vehicles, will go public through a merger with blank check company RMG Acquisition Corp in a $1.33 billion deal, the companies said on Monday.
www.reuters.com
October 05 2020
Why SPACs Are Exploding, A CEO’s Take
SPACs (Special Purpose Acquisition Companies) have seen a surge in interest in recent months with a number of high-profile deals from Draft Kings to Virgin Galactic SPCE +5.5% and many more coming.
www.forbes.com
October 05 2020
Blank-check firm backed by former MGM Resorts CEO looks to raise $300 million via IPO
A blank-check firm backed by James Murren, former chief executive officer of MGM Resorts International MGM.N, is looking to raise up to $300 million in its initial public offering, its regulatory filing showed on Monday.
www.reuters.com
October 05 2020
Controversial former Uber VP Emil Michael files for $250M blank check company
Emil Michael, former Senior Vice President at Uber Technologies (NYSE: UBER) formed a $250 million blank check company also known as a special purpose acquisition company (SPAC).
www.usaherald.com
October 05 2020
Blank-check firm backed by former MGM Resorts CEO looks to raise $300 million via IPO
A blank-check firm backed by James Murren, former chief executive officer of MGM Resorts International MGM.N, is looking to raise up to $300 million in its initial public offering, its regulatory filing showed on Monday.
www.reuters.com