Posts
December 12 2019
B. Riley Principal Merger Corp. and Alta Equipment Holdings Inc. Announce Business Combination
B. Riley Principal Merger Corp. (NYSE: BRPM, BRPM WS, BRPM.U) (“BRPM”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley Financial”), and Alta Equipment Holdings Inc. (“Alta”), a leading provider of premium industrial and construction equipment and related services, announced today that they have entered into a definitive merger agreement for a business combination transaction to create a leading publicly-traded equipment dealership platform with an anticipated pro forma enterprise value of approximately $550 million.
www.prnewswire.com
December 06 2019
Surge in SPAC Listings Offers Big Business to Select Law Firms
A handful of legal advisers is dominating the market for initial public offerings of special purpose acquisition companies, a booming subset of equity offerings that’s nearing an all-time high. Ellenoff Grossman & Schole LLP currently leads the pack, while larger firms such as Kirkland & Ellis LLP, Skadden Arps Slate Meagher & Flom LLP, and Ropes & Gray LLP are also cashing in on strong demand for legal guidance on SPACs, as they’re called.
www.bloomberglaw.com
December 05 2019
The Gores Group’s fourth SPAC Gores Holdings IV files for a $400 million IPO
Gores Holdings IV, the fourth blank check company formed by The Gores Group, filed on Thursday with the SEC to raise up to $400 million in an initial public offering.
www.nasdaq.com
December 03 2019
Cyber Security 1 AB: Business combination with a Special Purpose Acquisition Company
CYBER1 to explore achieving its US listing ambitions through a business combination with a Special Purpose Acquisition Company. Cyber Security 1 AB (publ) (“CYBER1”), (Nasdaq:CYB1,OTCQX:CYBNY), a leading supplier of cyber security solutions with operations in Europe, Africa and the Middle East, announces today its intention to seek collaboration with a Special Purpose Acquisition Company (“SPAC”), as an effective means of achieving access to the US capital markets.
www.yahoo.finance.com
December 03 2019
1 Firm Led Pack In November Dominated By Blank Check IPOs
Aided by a strong flow of initial public offerings by blank check companies, Ellenoff Grossman & Schole LLP edged ahead of its peers in November IPO activity during an otherwise quiet month that saw few operating companies go public.
www.law360.com
November 29 2019
Alussa Energy Acquisition Corp. Announces Closing of Upsized $250 Million Initial Public Offering
Alussa Energy Acquisition Corp. (NYSE: ALUS.U) (the “Company”) announced today that it closed its upsized initial public offering of 25,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $250,000,000.
www.businesswire.com
November 27 2019
Pure Acquisition Corp. Announces Business Combination Transaction
Pure Acquisition Corp. (“Pure”) (NASDAQ: PACQ, PACQU, PACQW), an oil and gas exploration and production focused special purpose acquisition entity, today announced that it has entered into a Business Combination Agreement (the “HPK Business Combination Agreement”) with, among others, HighPeak Energy, Inc. (“HighPeak Energy”), a wholly owned subsidiary of Pure formed to effect the business combination, and certain affiliates of HighPeak Energy Partners, LP (the “HighPeak Funds”),…
www.globenewswire.com
November 25 2019
Healthcare SPAC Healthcare Merger Corp. files for a $200 million IPO
Healthcare Merger Corp., a blank check company targeting the healthcare industry, filed on Monday with the SEC to raise up to $200 million in an initial public offering.
www.nasdaq.com