Posts
September 23 2020
Big Law Firms Scramble to Cash in on Blank-Check Bonanza
New York lawyer Douglas Ellenoff’s firm was the go-to adviser for “blank-check” initial public offerings long before the niche market exploded into the most fashionable way to go public.
www.bloomberglaw.com
September 23 2020
Renewable energy SPAC ArcLight Clean Transition Corp. prices $250 million IPO at $10
ArcLight Clean Transition Corp., a blank check company formed by ArcLight Capital Partners targeting a renewable energy business, raised $250 million by offering 25 million units at $10.
www.nasdaq.com
September 23 2020
Pontiac-based United Shore to merge, go public on Nasdaq
Pontiac-based mortgage company United Shore Financial Services is preparing to go public on the Nasdaq stock exchange through a complex deal involving a company belonging to the older brother of Detroit Pistons owner Tom Gores, the company announced Wednesday.
www.freep.com
September 22 2020
It’s a brilliant, blue-sky afternoon in mid-August, and Bill Ackman is enjoying being, well, Bill Ackman. Maybe it’s the sun. Or maybe it’s the aftermath of his latest tour de force — the IPO of a $4 billion special-purpose acquisition company, or SPAC, the largest of its kind during a year when such blank-check deals are exploding.
www.institutionalinvestor.com
September 22 2020
Falcon Capital Acquisition Corp. Announces Pricing of $300 Million Initial Public Offering
Falcon Capital Acquisition Corp. (the “Company”) announced today the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.
www.prnewswire.com
September 22 2020
Playboy in exclusive talks with Mountain Crest on IPO bid
Playboy Enterprises is in exclusive talks with Mountain Crest Acquisition Corp. a blank check company headed by Chinese national Suying Liu, that would enable the once-iconic brand to return as a publicly traded company.
www.nypost.com
September 22 2020
Victory Park Capital’s fintech SPAC VPC Impact Acquisition prices $200 million IPO at $10
VPC Impact Acquisition Holdings, a blank check company formed by Victory Park Capital to acquire a fintech business, raised $200 million by offering 20 million units at $10.
www.nasdaq.com
September 22 2020
Gabelli Group’s SPAC PMV Consumer Acquisition prices $175 million IPO at $10
PMV Consumer Acquisition, a blank check company formed by the Gabelli Group targeting the consumer industry, raised $175 million by offering 17.5 million units at $10.
www.nasdaq.com