Posts
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
March 03 2020
Roth Capital’s SPAC Roth CH Acquisition files for a $75 million IPO
Roth CH Acquisition, a blank check company formed by executives at Roth Capital and Craig-Hallum Capital, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering.
www.nasdaq.com
March 03 2020
Bruce Linton Launches $150 Million Cannabis SPAC
Bruce Linton, formerly co-founder and CEO of Canopy Growth, delivered a keynote speech at the Benzinga Cannabis Capital Conference in Miami on February 27th, sharing his enthusiasm for the American hemp industry. He revealed that he would soon announce his involvement with a special purpose acquisition corporation (SPAC) in order to potentially bring a company public, joining several other SPACs that have raised in excess of $1 billion to deploy into the cannabis industry.
www.newcannabisventures.com
March 03 2020
Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp.
Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles. Upon the closing, the combined company will be named Nikola Corp. and is expected to remain NASDAQ-listed under the new ticker symbol NKLA.
www.ttnews.com
March 02 2020
Growth-focused SPAC Live Oak Acquisition files for a $200 million IPO
Live Oak Acquisition, a blank check company targeting a high-growth business with strong cash flow, filed on Monday with the SEC to raise up to $200 million in an initial public offering.
www.nasdaq.com
February 28 2020
Virgin Galactic dealmaker seeks to raise $900 mln for new blank check companies
Chamath Palihapitiya, the dealmaker behind last year’s blockbuster Virgin Galactic deal, is looking to raise a combined $900 million through two new investment vehicles, according to regulatory filings. The investment vehicles are blank check companies or special purpose acquisition companies (SPACs) and aim to raise $300 million and $600 million, respectively.
www.finance.yahoo.com