Why Buy Just One SPAC, When You Can Buy Four in One Night!

An unprecedented FOUR SPACs expected to price their IPOs Thursday.

We’ve got a quadruple header…EdTechX, Arya Sciences, ChaSerg and Collier Creek are all expected to price their IPOs this evening for trading Friday. Suit up and get ready because another $730 million worth of SPACs are about to hit the market.  Plus, that means our total 2018 deal count jumps to 37 with $8.952 billion in gross proceeds sold (before any up-sizes or over-allotments).

It will be interesting to see which ones upsize and how they trade tomorrow given that all four have different structures and focuses.

However, since we have an abundance of SPACs, the terms have been summarized below in a grid so you can compare, starting from smallest to largest.

We’ll be watching to see if anything changes, but as of right now, this is a record number of SPAC IPOs for one day.  Exciting stuff…