Posts
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
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