Posts
July 30 2020
Cryptocurrency Platform Diginex Aims Nasdaq Listing Through SPAC Merger By September
Blockchain solutions provider Diginex is planning to go public in the United States through a merger with a special purpose acquisition company, or SPAC, within the current quarter ending in September.
www.finance.yahoo.com
July 29 2020
Marshall Kiev and David Boris’ third SPAC Forum Merger III files for a $250 million IPO
Forum Merger III, the third blank check company formed by SPAC veterans David Boris and Marshall Kiev, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering.
www.nasdaq.com
July 29 2020
Sports and SPACs: Sports team owner-led SPACs are a growing trend
Recent IPO filer RedBall Acquisition (RBAC.U) is looking to bring sports into SPACs. The blank check company plans to raise $500 million to acquire a professional sports franchise, specifically citing European football clubs.
www.nasdaq.com
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