Posts
September 03 2020
Healthcare SPAC Blue Water Acquisition files for a $50 million IPO
Blue Water Acquisition, a blank check company formed by an industry veteran targeting a healthcare business, filed on Thursday with the SEC to raise up to $50 million in an initial public offering.
www.nasdaq.com
September 03 2020
VW Battery Partner QuantumScape to List After SPAC Deal
QuantumScape Corp., the technology developer that’s partnering with Volkswagen AG on advanced electric-car batteries, will list in New York after merging with blank-check company Kensington Capital Acquisition Corp.
www.finance.yahoo.com
September 03 2020
Airbnb spurns approach to go public through Bill Ackman’s blank-check company
Billionaire investor William Ackman has approached short-term home rental company Airbnb about going public through a reverse merger with his blank-check company, according to people familiar with the matter.
www.cnbc.com
September 02 2020
Cohen & Co’s second SPAC INSU Acquisition II prices upsized $200 million IPO at $10
NSU Acquisition II, the second blank check company formed by Cohen & Company and targeting the insurance industry, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The Philadelphia, PA-based company originally planned to raise $175 million.
www.nasdaq.com
September 02 2020
Bluescape Opportunities ‘blank-check’ company files for IPO to raise $700 million
Bluescape Opportunities Acquisition Corp. has filed for the initial public offering of stock to raise $700 million. The special purpose acquisition company (SPAC), or “blank-check company,” said it was selling 70 million “units” at $10 each.
www.marketwatch.com
September 02 2020
Oaktree’s second SPAC Oaktree Acquisition II files for a $225 million IPO
Oaktree Acquisition II, the second blank check company led by the head of Oaktree Capital’s Value Equities group, filed on Monday with the SEC to raise up to $225 million in an initial public offering.
www.renaissancecapital.com
August 31 2020
SPACs are just getting started. The “blank check” acquisition funds known as special purpose acquisition companies, or SPACs, have raised more than $30 billion so far this year, versus $13 billion in all of last year.
www.nytimes.com
August 31 2020
SPACs Are The Hot Investment Trend For 2020. Should You Buy Into These Blank-Check Companies?
One pronounced trend for 2020 is the growth of funds flowing to Special Purpose Acquisition Companies (SPACs), sometimes called blank-check companies. SPACs have raised over $20 billion so far this year.
www.forbes.com