Posts
January 14 2020
Mudrick Capital Acquisition Corporation To Combine With Hycroft Mining Corporation
Mudrick Capital Acquisition Corporation (NASDAQ: MUDS, MUDSU and MUDSW) (“MUDS”), a publicly traded blank check company, and Hycroft Mining Corporation (“Hycroft”), a US-based, gold and silver producer operating the Hycroft mine located in the world-class mining region of Northern Nevada, today announced that they have entered into a definitive purchase agreement, under which Hycroft will sell all of the equity interests of Hycroft’s subsidiaries and substantially all of its other assets to MUDS, and MUDS will discharge and pay or assume certain of Hycroft’s liabilities.
www.finance.yahoo.com
January 06 2020
Open Lending and Nebula Acquisition Corporation Announce Business Combination Agreement
Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) (“Nebula”), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind”), today announced that they have entered into a definitive business combination agreement. Under the terms of the agreement, Nebula will acquire Open Lending through a new Delaware holding company (the “Company”), which will become a publicly-listed entity with an implied estimated enterprise value at closing of approximately $1.3 billion.
www.prnewswire.com
December 26 2019
‘Blank-Check’ Deals Get New Look After High-Profile IPO Flops
(Bloomberg) — Move over, IPOs. Special purpose acquisition companies, once a last resort for owners looking to exit an investment, have become a popular choice for private companies spooked by the swings in the regular IPO market. This helped lead SPAC volumes to their best year yet with a range of top dealmakers from private equity firm TPG to banker Michael Klein getting into the mix.
www.finance.yahoo.com
December 19 2019
Twelve Seas and Brooge Holdings Announce Shareholder Approval of Business Combination
Twelve Seas Investment Company (“Twelve Seas”) (BROG), a company formed for the purpose of entering into a business combination, and Brooge Holdings Limited, a Cayman Islands exempted company (“Brooge Holdings”), announced today that Twelve Seas held an extraordinary meeting of its shareholders today and the shareholders of Twelve Seas approve…
www.yahoo.finance.com
December 19 2019
Act II Global Acquisition Corp. (NASDAQ: ACTT) (“Act II”), a publicly traded special purpose acquisition company, the owners of Merisant Company (“Merisant”), one of the world’s leading manufacturers of zero and low-calorie sugar substitutes, and the owners of MAFCO Worldwide LLC (“MAFCO”), the world’s leading manufacturer of natural licorice…
www.businesswire.com
December 13 2019
TMT-focused SPAC CIIG Merger prices $225 million IPO at $10
CIIG Merger, a blank check company formed by industry veterans to acquire a technology, media, or telecom company, raised $225 million by offering 22.5 million units at $10 to command a market value of $281 million. Each unit consists of one share of common stock and one-half of one warrant exercisable at $11.50.
www.nasdaq.com
December 13 2019
GS Acquisition Holdings’ Merger with Vertiv Holdings
Goldman Sachs & Co. LLC acted as lead placement agent and exclusive financial advisor to GSAH. J.P. Morgan Securities LLC acted as financial advisor to Vertiv. Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor to GSAH. Morgan, Lewis & Bockius, LLP and Gibson, Dunn & Crutcher LLP acted as joint legal advisors to Platinum Equity and Vertiv.
www.globallegalchronicle.com
December 12 2019
EdtechX Holdings (NASDAQ:EDTX) Announces Merger Agreement With Meten Education (China)
EdtechX Holdings (“EdtechX”) (Nasdaq: EDTX), a special purpose acquisition company (“SPAC”) seeking to acquire a target in the education services and education technology industry, announced today that it has entered into a definitive merger agreement with Meten Education (China) (“Meten”). Meten and its digital platform Likeshuo are a market leader in English Learning Training (“ELT”) in China.
www.globenewswire.com