Posts
April 29 2020
Tech SPAC Novus Capital Corp files for a $100 million IPO
Novus Capital Corp, a blank check company targeting the smart technology innovations market, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
www.nasdaq.com
April 29 2020
Sternlicht Blank-Check Firm Files for $400 Million IPO
A special purpose acquisition company co-founded by billionaire real estate executive Barry Sternlicht is planning to raise about $400 million in an initial public offering.
www.bloomberg.com
April 27 2020
US IPO Weekly Recap: ORIC pops 61% and SPACs make a comeback
The IPO market saw a jump in activity as one biotech and three SPACs went public this past week. The durability of the biotech industry was demonstrated once again, with ORIC Pharmaceuticals (ORIC) popping 61% on its first day. Four IPOs and one SPAC submitted initial filings.
www.nasdaq.com
April 23 2020
Third Social Capital SPAC Has $720 Million Liftoff – But What About Other IPOs?
These days, Chamath Palihapitiya seems to defy gravity. The question is whether anyone else can perform the simple act of taking a company public.
www.yahoo.finance.com
April 21 2020
International tech-focused SPAC Social Hedosophia III set to price $600 million IPO tonight, 4/21
Social Capital Hedosophia Holdings III, the third blank check company formed by Social Capital and Hedosophia targeting a non-US tech business, is expected to price on Tuesday, April 21, 2020.
www.renaissancecapital.com
April 03 2020
Pensare Acquisition Corp. (Nasdaq: WRLS, WRLSU, WRLSW, WRLSR) (the “Company”) today announced that it intends to close the previously announced business combination (the “Business Combination”) with Stratos Management Systems, Inc. (“Computex”) on or about Monday, April 6, 2020, as contemplated by the Business Combination Agreement, dated as of July 25, 2019, as amended, by and among the Company, Computex, Tango Merger Sub Corp. and Stratos Management Systems Holdings, LLC.
www.djournal.com
March 26 2020
With short-term rates at zero, investors could be forgiven for feeling they have no place to hide besides cash. But recent market turbulence has created an opportunity in a corner of the market that’s often overlooked – special purpose acquisition companies, or SPACs.
www.yahoo.finance.com
March 25 2020
The Funded: Direct listings, ‘blank check’ IPOs look less likely in age of COVID-19
Remember when it looked like 2020 was going to see another wave of companies, like Airbnb Inc., opting to go public via direct stock listings rather than traditional IPOs?
www.bizjournals.com