Posts
March 23 2020
Blank check IPOs bounce: All 13 of the year’s SPACs trade below $10 redemption value
The market’s broad sell-off has even roiled blank check IPOs, whose only asset is the cash initial investors put in.
www.nasdaq.com
March 19 2020
Industrials SPAC Sustainable Opportunities Acquisition files for a $300 million IPO
Sustainable Opportunities Acquisition, a blank check company targeting an environmentally sustainable industrial business, filed on Tuesday with the SEC to raise up to $300 million in an initial public offering.
www.nasdaq.com
March 17 2020
International General Insurance Holdings Limited (“IGI” or the “Company”) and Tiberius Acquisition Corporation (“Tiberius”) (NASDAQ: TIBR) are pleased to announce the consummation of the previously announced business combination between them pursuant to a business combination agreement dated October 10, 2019.
www.businesswire.com
March 17 2020
Immatics Biotechnologies GmbH (“Immatics” or the “Company”), a clinical-stage biopharmaceutical company active in the discovery and development of T cell redirecting cancer immunotherapies, today announced it has entered into a definitive business combination agreement with Arya Sciences Acquisition Corp. (NASDAQ: ARYA) (“Arya”), a special purpose acquisition company, sponsored by Perceptive Advisors.
www.marketscreener.com
March 13 2020
Chinese SPAC Brilliant Acquisition files for a $40 million US IPO
Brilliant Acquisition, a blank check company targeting an Asia Pacific business, filed on Friday with the SEC to raise up to $40 million in an initial public offering. The Shanghai, China-based company plans to raise $40 million by offering 4 million units at a price of $10. Each unit consists of one share and one redeemable warrant, exercisable at $11.50. At the proposed deal size, Brilliant Acquisition would command a market value of $53 million.
www.nasdaq.com
March 11 2020
LifeSci Acquisition Corp. Announces Closing of $60 Million Initial Public Offering
LifeSci Acquisition Corp. (LSACU), a blank check company targeting the biopharma, medical technology, digital health and healthcare services sectors, announced today that it closed its initial public offering of 6,000,000 units, upsized from 5,000,000 units, at a price of $10.00 per unit.
www.finance.yahoo.com
March 11 2020
Deerfield Management’s SPAC DFP Healthcare Acquisitions prices $200 million IPO at $10
DFP Healthcare Acquisitions, the second healthcare-focused blank check company formed by Deerfield Management and Robert Barasch, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-quarter of one warrant exercisable at $11.50.
www.nasdaq.com
March 11 2020
Proficient Alpha Acquisition Corp., a Nevada corporation (“Proficient”) (NASDAQ:PAAC) and special purpose acquisition company formed for the purpose of entering into a business combination, and Lion Financial Group Limited, a British Virgin Islands corporation (“Lion”) and Hong Kong-based diversified financial services company, announced today they have entered into a definitive business combination agreement (the “BCA”) for a transaction valued at approximately $125 million.
www.globenewswire.com