Author: Nicholas Alan Clayton

IPO

East Stone Acquisition Corporation (ESSC) to Combine with JHD Holdings in $1Bn Deal

East Stone (NASDAQ:ESSC) has entered into a definitive agreement to combine with Chinese merchant payments platform JHD Holdings, for about $1 billion or 12.4x its 2020 revenue. JHD provides merchant, logistics and payments software to retail stores and banking customers in five Chinese provinces. The combined company is expected to be renamed JHD Technologies and
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

HighCape Capital Acquisition Corp. (CAPA) to Combine with Quantum-Si in $924M Deal

HighCape (NASDAQ:CAPA) has entered into a definitive agreement to combine with proteomics biotech firm Quantum-Si (QSi) for an enterprise value of $924.5 million, or 18.5x its 2023E revenue. QSi produces advanced spectrometers and software tools for analyzing and sequencing genomes and proteomes. The combined entity is expected to trade on the Nasdaq under the symbol
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO
IPO-Pricing
ipo
Aeye logo

CF Finance Acquisition Corp. III (CFAC) to Combine with AEye in $2Bn Deal

CF Finance III (NASDAQ:CFAC) has entered into a definitive combination agreement with lidar-maker AEye at an enterprise value of $2 billion, or 11.4x its 2024E revenue. Dublin, California-based AEye has developed lidar sensors and software for use in consumer vehicles as well as industrial and robotics applications. The combined entity is expected to trade on
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Artius Acquisition Inc. (AACQ) to Combine with Origin Materials in $1Bn Deal

Artius (NASDAQ:AACQ) has entered into a definitive agreement to combine with carbon negative materials company Origin Materials at an enterprise value of $999 million, or 1.2x its 2026E revenue. Origin is developing a series of carbon-negative and carbon-neutral materials to replace an array of consumer packaging and production elements. The combined entity is expected to
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO
IPO
IPO-Pricing
SPAC pricing
ipo
IPO
li-cycle logo

Peridot Acquisition Corp. (PDAC) to Combine with Li-Cycle in $1Bn Deal

Peridot (NYSE:PDAC) has entered a definitive agreement to combine with battery recycler Li-Cycle Corp. for an enterprise value of $1.09 billion, or 10.1x its 2023E revenue. Toronto-based Li-Cycle recycles spent lithium batteries and resells their constituent elements to off-takers in a broad number of industries. The combined entity is expected to trade on the NYSE
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.

Sandbridge Acquisition Corporation (SBG) to Combine with Owlet Baby Care in $1Bn Deal

Sandbridge Acquisition Corporation (NYSE:SBG) has entered a definitive agreement to combine with Owlet Baby Care for an enterprise value of $1.07 billion or 6.2x its 2022E net revenue. Owlet Baby Care provides consumer baby monitors and is working to expand its offerings to medical devices and telehealth products. The combined entity is expected to fly
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
butterfly-network-logo

Longview Acquisition Corp. (LGVW) Shareholders Approve Butterfly Network Deal

Longview Acquisition Corp. (NYSE:LGVW) announced that its shareholders have approved its combination with medical device-maker Butterfly Network with minimal redemptions at a special meeting earlier today. The deal is now expected to close shortly, after which the combined entity will trade on the NYSE under the ticker symbol “BFLY.” Longview did not specify the exact
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
Sharecare-logo

Falcon Capital Acquisition Corp. (FCAC) to Combine with Sharecare in $3.9Bn Deal

Falcon Capital (NASDAQ:FCAC) has entered into a definitive agreement to combine with digital health firm Sharecare for an enterprise value of $3.9 billion, or 9.5x its 2021E revenue. Sharecare provides a patient-communication and digital health platform to insurers and healthcare providers. The combined company is expected to trade on the Nasdaq under the symbol “SHCR”
Read More
To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.
IPO
SPAC pricing