Posts
November 22 2019
Blank-Check IPOs Hit New Record
Investors are more willing than ever to write blank checks. Initial public offerings of special-purpose acquisition companies—essentially, shell companies that go public to raise cash for deals—have reached a new record.
www.wsj.com
November 21 2019
Mexico-focused SPAC LIV Capital Acquisition files for a $60 million US IPO
LIV Capital Acquisition, a blank check company targeting Mexican businesses, filed on Wednesday with the SEC to raise up to $60 million in an initial public offering.
www.nasdaq.com
November 20 2019
Software SPAC Software Acquisition prices upsized $130 million IPO at $10
Software Acquisition Group, a blank check company led by former Ooyala officers targeting a software company, raised $130 million by offering 13 million units at $10 to command a market value of $161 million.
www.nasdaq.com
November 19 2019
Healthcare SPAC Amplitude Healthcare Acquisition prices $100 million IPO at $10
Amplitude Healthcare Acquisition, a blank check company formed by Avego and Metalmark Capital targeting healthcare in the US or Europe, raised $100 million by offering 10 million units at $10 to command a market value of $125 million.
www.nasdaq.com
November 18 2019
Healthcare SPAC GreenVision Acquisition set to price $63 million IPO on Monday, 11/18
GreenVision Acquisition, a blank check company led by Shanghai dealmakers targeting healthcare firms outside of China, is expected to price on Monday, November 11, 2019.
www.nasdaq.com
November 15 2019
Trinity Merger Corp. and Broadmark Announce Completion of Business Combination
Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (“Trinity”) and the Broadmark real estate lending companies (“Broadmark”) today announced the completion of their previously announced business combination. In connection with the completion of the business combination, the combined company was renamed Broadmark Realty Capital Inc. (“Broadmark Realty”).
www.businesswire.com
November 14 2019
Stable Road Acquisition Corp. Announces Closing of $172,500,000 Initial Public Offering
Stable Road Acquisition Corp. (NASDAQ: SRACU) (the “Company”) announced today that it closed its initial public offering of 17,250,000 units, including 2,250,000 units issued pursuant to the exercise by the underwriter of its over-allotment option.
www.yahoo.finance.com
November 14 2019
Juniper Industrial Holdings, Inc. Closes $345 Million Initial Public Offering of Securities
Juniper Industrial Holdings, Inc. (the “Company”), a blank check company formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced that it closed its initial public offering of 34,500,000 units at $10.00 per unit, which includes the exercise in full by the underwriter of its over-allotment option to purchase an additional 4,500,000 units.
www.yahoo.finance.com