GS Acquisition Holdings Corp. (GSAH), filed an 8-K this afternoon detailing the results of their recent shareholder vote to approve their business combination with Vertiv Holdings LLC, a global provider of critical digital infrastructure and continuity solutions. ...READ MORE
The SPAC news has been rather muted the past few days, and while it promises to ramp up starting tomorrow with two shareholder votes to complete combinations (GSAH and BWMC), it has left us all some time ponder some of the other world events currently happening. ...READ MORE
InterPrivate Acquisition Corp. (IPV.U), announced the pricing of their upsized $210 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Tuesday, February 4th, under the symbol NYSE:IPV.U. ...READ MORE
Friday night, dMY Technology Holdings, Inc. (DMYT.U) filed for a $200 million SPAC IPO focused on the the mobile application (“app”) ecosystem and consumer internet companies. dMYT will be led by Niccolo de Masi, as Chief Executive Officer, and Harry You, as Chairman. ...READ MORE
In no particular order, the below is a summary of Friday’s SPAC news.
2020’s SPAC number #11 filed tonight for IPO. This one, dMY Technology Group, Inc. ...READ MORE
Tonight’s notable news provided below.
InterPrivate Acquisition Corp. (IPV.U), which was widely expected to price yesterday for trading today, and was then subsequently moved to tonight, has now been further pushed off to Monday, February 3, 2020, for trading Tuesday, February 4, 2020. ...READ MORE
This evening, Churchill Capital Corp. III (CCXX.U), filed for a $600 million IPO and surprise, surprise, we have our third 1/4 warrant SPAC. ...READ MORE
Forum Merger II Corp. (FMCI), which previously filed a preliminary extension proxy on January 17th, without a contribution to trust for non-redeemers, filed their definitive proxy tonight, but this time with a $0.033 per month contribution. ...READ MORE
Leo Holdings Corp. (LHC), which is headed for an extension vote on February 11th, filed an 8-K this morning providing information on a potential target they are in discussions with for a combination. ...READ MORE
It’s not the weekend yet…we have a few more updates for you, provided below.
As expected, Pure Acquisition Corp. (PACQ), filed a preliminary proxy this afternoon to extend their deadline from February 21, 2020 to May 21, 2020. ...READ MORE
Boxwood Merger Corp. (BWMC), which recently announced they had secured additional financing for their pending combination with Atlas Intermediate Holdings, LLC, also announced earlier this afternoon that they would be adjourning their January 30th shareholder vote. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS) announced at 8:00 p.m. this evening that it would be extending the expiration of its tender offer to purchase up to 25,000,000 shares at a purchase price of $10.28 (plus accrued interest) for a fifth time. ...READ MORE
SCVX Corp. (SCVX.U), announced the pricing of their $200 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Friday, January 24th, under the symbol NYSE: SCVX.U. ...READ MORE
Gores Holdings IV, Inc. (GHIVU), announced the pricing of their $400 million SPAC IPO this evening and the units are expected to begin trading, tomorrow, Friday, January 24th, under the symbol Nasdaq: GHIVU. ...READ MORE
Boxwood Merger Corp. (BWMC), which is scheduled to hold their shareholder vote to complete their combination with Atlas Intermediate Holdings LLC (“Atlas”) on January 30th, announced this morning that they have secured additional financing of up to $155 million from GSO Capital Partners, the credit arm of Blackstone (“GSO”). ...READ MORE
Around mid-day, we had yet another new SPAC filing with the addition of CITIC Capital Acquisition Corp. (CCAC.U), a $200 million SPAC focused on clean energy. Or more specifically, “companies in the energy efficiency, clean technology and sustainability sectors, with a focus on companies that we believe can be positioned for success in China, as well as other markets in Asia and beyond. ...READ MORE
This afternoon, we had another new SPAC filing with the addition of UTXO Acquisition Inc. (UTXOU), a $50 million SPAC focused on companies in Asia and North America. UTXO will be led by Dr. ...READ MORE
Pure Acquisition Corp. (PACQ), announced its warrant tender results this evening and a sizable number opted, in fact, to tender.
By way of background, PACQ first announced their combination with HighPeak Energy back on November 27th and as stated in their IPO prospectus, they intended to give warrant holders the option to tender their warrants at $1.00 per warrant. ...READ MORE
It’s a long holiday weekend…but before you settle in, a few updates have been provided below.
Forum Merger II Corp. (FMCI), filed a preliminary proxy to extend their completion deadline tonight. ...READ MORE
Mosaic Acquisition Corp. (MOSC), announced this afternoon that shareholders approved their combination with Vivint Smart Home, Inc. earlier today. The combined company will be named Vivint Smart Home and will trade under the ticker symbol VVNT on the New York Stock Exchange beginning Tuesday, January 21, 2020. ...READ MORE