Posts
July 29 2020
Cannabis SPAC Petra Acquisition files for a $125 million IPO
Petra Acquisition, a blank check company targeting a cannabis business, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering.
www.nasdaq.com
July 29 2020
Billy Beane, of ‘Moneyball’ fame, looks to raise $500-million SPAC
RedBall Acquisition Corp, a special purpose acquisition company (SPAC) co-chaired by baseball executive Billy Beane and former Goldman Sachs banker Gerald Cardinale, said on Tuesday it plans to raise $500 million in its initial public offering.
www.reuters.com
July 28 2020
Ascendant Digital Acquisition Corp. (NYSE: ACND.U) (the “Company”) today announced the closing of its initial public offering of 41,400,000 units, which includes 5,400,000 units issued pursuant to the exercise by the underwriters of their over-allotment option, at a public offering price of $10.00 per unit.
www.finance.yahoo.com
July 28 2020
Why Some Biotech Companies Are Turning to SPACs
A special purpose acquisition company (SPAC) is a shell company that raises money through an initial public offering (IPO) in order to take a company public through acquisition. Companies that want to go public usually go the route of an IPO; however, SPACs have risen in popularity recently due to their ability to get to market faster and surging demand from investors.
www.fool.com
July 27 2020
Dragoneer private equity firm files to raise up to $690M in Bay Area ‘blank check’ IPO
Dragoneer Investment Group filed on Friday to raise up to $690 million in a “blank check” IPO aimed at taking an as-yet undetermined company public in the future.
www.bizjournals.com
July 27 2020
Blank Check company Churchill Capital Corp IV files for upsized IPO
Churchill Capital Corp IV, a special purpose acquisition company (SPAC) run by former Citigroup banker Michael Klein, raised the size of its initial public offering (IPO) to $1.5 billion.
www.reuters.com
July 22 2020
Airbnb approached about blank-check company merger for public listing: CEO
Home rental startup Airbnb has been approached about going public through a merger with a blank-check acquisition company, a novel way of listing on the stock market that is gaining traction, co-founder and chief executive Brian Chesky said on Wednesday.
www.reuters.com
July 22 2020
European Pot Firm Emmac Agrees to Go Public Via Andina
European marijuana firm Emmac Life Sciences Ltd. has agreed to go public through a merger with Andina Acquisition Corp. III.
www.finance.yahoo.com