FS Development (NASDAQ:FSDC) showed in an 8-K filing that its shareholders approved its combination with biotech firm Gemini Therapeutics, when at a special meeting earlier today only 100 shares redeemed.
This low redemption number is not too much of a surprise as the company opened at $13.06 ahead of the vote, and its share price has never dipped below its pro rata trust value. ...READ MORE
FTAC Olympus Acquisition Corp. (NASDAQ:FTOC) has entered a definitive agreement to combine with payments firm Payoneer for an enterprise value of $3.3 billion at 7.6x its 2021E revenue.
Payoneer provides a platform for ecommerce-enabling payments, international transfers and digital banking with about 4 million customers and 1,500 employees worldwide. ...READ MORE
10X Capital Venture Acquisition Corp. (NASDAQ:VCVC) has entered a definitive agreement to combine with electric vehicle-maker (EV) REE Automotive for an enterprise value of $3.14 billion.
REE Automotive makes a range of electric vehicles with “skateboard” designs capable of supporting models from buses and medium trucks down to sedans and even smaller last-mile delivery vehicles. ...READ MORE
AMCI Acquisition Corporation (NASDAQ:AMCI) filed the results of their shareholder meeting held yesterday to approve its combination with fuel cell developer company Advent Technologies, revealing only 1,606 shares opted to redeem. ...READ MORE
Kernel Group Holdings, Inc. announced the pricing of its upsized $265 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “KRNLU” Wednesday, February 3. ...READ MORE
CC Neuberger Principal Holdings III announced the pricing of its $350 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “PRPC.U” Wednesday, February 3. ...READ MORE
Gaming & Hospitality Acquisition Corp. announced the pricing of its $175 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “GHACU” Wednesday, February 3. ...READ MORE
The Music Acquisition Corporation announced the pricing of its $200 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “TMAC.U” Wednesday, February 3. ...READ MORE
FAST Acquisition Corp. (NYSE:FST) has entered a definitive agreement to combine with casino, restaurant and hospitality group Golden Nugget/Landry’s at an enterprise value of $6.6 billion.
The group includes five casinos and 557 restaurants including brands like Morton’s Steakhouse and Bubba Gump Shrimp across 38 states, DC and Puerto Rico with 41 units located internationally. ...READ MORE
Aspirational Consumer Lifestyle Corp. (NYSE:ASPL) has entered into a definitive combination agreement with private aircraft provider Wheels Up at an enterprise value of $2.1 billion.
Wheels Up provides a marketplace for booking private plane flights with about 1,500 planes on its platform including third-party and managed aircraft. ...READ MORE
Novus Capital Corporation (NASDAQ:NOVS) announced that it has completed its combination with indoor farming venture AppHarvest following after securing shareholder approval at a special meeting Friday.
The shares and warrants of the combined entity will begin trading under on the Nasdaq under the new ticker symbols “APPH” and “APPHW,” respectively, today, February 1. ...READ MORE
TPG Pace Tech Opportunities (NYSE:PACE) has entered a definitive agreement to combine with remote learning platform Nerdy giving it an enterprise value of $1.4 billion.
Nerdy provides a personalized learning platform offering live classes as well as one-on-one tutoring for students ranging to professionals and graduate-level to kindergarten. ...READ MORE
Growth Capital Acquisition Corp. announced the pricing of its upsized $150 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “GCACU” Friday, January 29. ...READ MORE
EQ Health Acquisition Corp. announced the pricing of its upsized $191.1 million IPO this morning and its units are expected to begin trading on the NYSE under the symbol “EQHA.U” Friday, January 29. ...READ MORE
SPACInsider contributor Matt Cianci this week compiled his three favorite potential SPAC targets among digital marketplaces. We look at why they are compelling and why each could be a fit for a blank-check merger. ...READ MORE
