First Half of 2024 SPAC Review

Jun 30, 2024 Headline Post, INTEL by Kristi Marvin

An In-Depth Look at SPAC Activity Through the First Half of 2024 Below is a summary of the year-to-date SPAC performance. Q2-2024 started off slow with the usual April doldrums, but SPAC activity has since picked up speed. In fact, June was the first month where many in SPACLand were expressing cautious optimism thanks to
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SPAC IPO Terms Tracker: June 28, 2024

Jun 29, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending June 28, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. As mentioned previously, this is going to an abbreviated summary this week since we’re hard at work summarizing the quarter and the first half of
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SPAC IPO Terms Tracker: June 21, 2024

Jun 22, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending June 21, 2024 Programming Note: An abbreviated version of the Terms Tracker will be posted next week. In light of the end of the quarter, we will be busy putting together our Half-Year report which should be posted the first week of July. Welcome to our weekly column where
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New SPAC: SilverBox Corp IV Files for $200M IPO

Jun 20, 2024 Headline Post, INTEL, New S-1 Filings by Kristi Marvin

Eleven new SPACs have filed since the beginning of June, and the number is 12 if we count the May 31st filing of Graf Global Corp. Seven of those 12 are being underwritten by Cantor, which has always been a very active SPAC underwriter. But you know who else used to be very active? Credit
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New SPACs: Two More Cantor SPACs File for $200M IPOs

Jun 18, 2024 Headline Post, INTEL, New S-1 Filings by Kristi Marvin

When SPACs get frothy, it gets difficult to keep up. However, since Cantor filed two nearly identical SPAC structures on Monday, we’re going to combine them in the interest of time. Both HCM II Acquisition Corp. (NASDAQ: HONDU) and SIM Acquisition Corp I (NASDAQ: SIMAU) filed for $200 million SPAC IPO offerings on Monday, both
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New SPAC: Tavia Acquisition Corp. Files for $175M IPO

Jun 18, 2024 Headline Post, INTEL, New S-1 Filings by Kristi Marvin

The mini-SPAC boom grinds on with three more S-1 registration statements filed last night, but only Tavia included something novel in its filing. Tavia Acquisition Corp. filed as a $175 million offering with EarlyBird as its underwriter, after previously filing a Draft Registration Statement in mid-May. That means this deal is slightly closer to pricing
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Hennessy Capital VI (HCVI) to Combine with Namib Minerals, an African Gold Producer

Jun 18, 2024 Deal Announcements & Amendments, Headline Post, INTEL by Kristi Marvin

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) has entered into a definitive business combination agreement agreement to acquire Namib Minerals, an African gold producer, developer, and explorer, for an implied pro forma enterprise value of $609 million. Namib’s current producing asset, the How mine, is an established, high-grade, underground gold mine located near Bulawayo, Zimbabwe. Transaction
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SPAC IPO Terms Tracker: June 14, 2024

Jun 15, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending June 14, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. It was all about the new IPOs and new SPACs getting filed again this week. Cantor managed to price one new IPO on Monday night
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SPAC IPO Terms Tracker: June 7, 2024

Jun 8, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending June 7, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. As expected, June is looking like a much more active month for SPACs, particularly on the new issuance front. Four more new SPACs got filed
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SPAC IPO Terms Tracker: May 31, 2024

Jun 1, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 31, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Post-Memorial Day Holiday weeks are typically light and this year was no exception. However, SPACs did see three new S-1 registration statements file and two
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Podcast: Vertiv’s David Cote and GS I’s Tom Knott Discuss the Success of their SPAC Combination

May 29, 2024 Headline Post, INTEL, Podcasts & Webinars by Kristi Marvin

This week, in a special edition of the SPACInsider Podcast, we speak with David Cote, Executive Chairman of Vertiv, and Tom Knott, who was previously Head of Permanent Capital at Goldman Sachs.

SPAC IPO Terms Tracker: May 24, 2024

May 25, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 24, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. It was a bonanza (relatively) of amended and new S-1 filings this week for SPACs. After the parched SPAC desert of April, May has been
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Podcast: One Energy’s Founder and CEO, Jereme Kent (TRTL)

May 22, 2024 Headline Post, INTEL, Podcasts & Webinars by Kristi Marvin

Providing dedicated power to industrial facilities is a task that has drawn in a variety of different energy technologies and, increasingly, a variety of SPAC transactions.

This week, we speak with Jereme Kent, founder and CEO of One Energy.

SPAC IPO Terms Tracker: May 17, 2024

May 18, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 17, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. SPACs managed to price their third IPO in the month of May this week with RF Acquisition Corp. II‘s $100 million offering. RF II’s IPO
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RF Acquisition Corp. II (RFAIU) Prices $100M IPO

May 17, 2024 Headline Post, INTEL, IPOs by Kristi Marvin

RF Acquisition Corp. II (NASDAQ:RFAIU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “RFAIU”, Friday, May 17, 2024.

New SPAC: Chenghe Acquisition II Co. (CHEB.U) Files for $75M IPO

May 13, 2024 Headline Post, INTEL, New S-1 Filings by Kristi Marvin

May 2024 is turning into the “Month of Serial Sponsors” with two IPOs already priced from repeat teams (Churchill IX and GP-Act III) and a third from the RF II team on deck. And today, we have another serial sponsor team filing for a new offering with the addition of Chenghe Acquisition II Co. (CHEB.U).
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SPAC IPO Terms Tracker: May 10, 2024

May 11, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 10, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. For the second week in a row SPACs priced an IPO, this time coming from Cantor as underwriter. GP-Act III Acquisition Corp., which matched last
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SPAC IPO Terms Tracker: May 3, 2024

May 4, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending May 3, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The big news this week was that SPACs finally had a new IPO price with Churchill Capital Corp. IX’s $250 million offering on Thursday. SPACs
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SPAC IPO Terms Tracker: April 26, 2024

Apr 27, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending April 26, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. As expected, it was a quiet week on the new issuance front thanks to Passover and school spring break. Other than 8-ks and some amendments
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SPAC IPO Terms Tracker: April 19, 2024

Apr 20, 2024 Headline Post, INTEL by Kristi Marvin

Terms Tracker for the Week Ending April 19, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Passover and school spring break starts next week, which most likely means a slowdown in SPAC filing activity. Although Churchill IX is now rumored to
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Author: Kristi Marvin