Posts
September 27 2020
Chamath Palihapitiya Strikes While The Iron Is Hot With Social Capital IV, V And VI
There’s striking while the iron is hot, and then there’s Chamath Palihapitiya filing for not one (not two) but three new SPACs the same week as his Social Capital II IPOB announced its combination with Opendoor (live on CNBC as the guest host of Squawkbox, nonetheless).
www.seekingalpha.com
September 26 2020
Tekkorp Digital Joining Gaming SPAC Party, Eyes $300 Million IPO
Tekkorp Digital Acquisition is adding to the already brisk pace of special purpose acquisition companies (SPACs) with ties to the gaming industry looking to go public this year. It has revealed in a filing with the Securities and Exchange Commission (SEC) that indicates it’s planning a $300 million initial public offering (IPO).
www.casino.org
September 25 2020
Yes, The SEC Has Noticed The Swarm Of SPACs Crawling All Over Wall Street
Jay Clayton has certainly been busy the last few months. Between reducing the amount of information available to investors while simultaneously limiting what those investors can do with the companies they own, giving as many people as possible the…
www.dealbreaker.com
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