Today’s $1.0 billion IPO of Churchill Capital Corp. III (CCXX.U) is stunning for a number of reasons, but if investors need further evidence of a rapidly changing SPAC landscape…look no further. ...READ MORE
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Churchill Capital Corp. III (CCXX.U), announced the pricing this morning of their upsized $1 billion SPAC IPO, and it has already begun trading today, Friday, February 14th, under the symbol NYSE: CCXX.U. ...READ MORE
Newborn Acquisition Corp. (NBACU), announced the pricing of their $50 million SPAC IPO this morning and the units are expected to begin trading today, Friday, February 14th, under the symbol Nasdaq: NBACU. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS), which announced last night that they would be further extending the expiration of its tender offer for a seventh time, also announced that if they were not able to close their combination with Glory Star New Media by February 20th, they would be issuing a dividend of one warrant to purchase one-half of one ordinary share to outstanding shareholders as of Februrary 21, 2020. ...READ MORE
Yunhong International (ZGYHU), announced the pricing of their upsized $60 million SPAC IPO this evening and the units are expected to begin trading, today, Thursday, February 13th, under the symbol Nasdaq: ZGYHU. ...READ MORE
If you need further evidence of a hot, hot SPAC market, tonight Churchill Capital Corp. III, which only has a 1/4 warrant included in it’s unit and can remove $1.0 million per year of interest for working capital, STILL managed to upsize their offering by $200 million. ...READ MORE
Act II Global Acquisition Corp. (ACTT), announced today that it has entered into a private placement transaction, at a $10.00 per share “benchmark“, with a consortium of investors and accounts led by institutional investor Baron Small Cap Fund for gross proceeds of $75 million. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS) announced 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 SEVENTH time. ...READ MORE
Leo Holdings Corp. (LHC), filed an 8-K this evening detailing the results of their recent shareholder vote to extend their completion deadline to July 31, 2020 (held on February 11th), and unsurprisingly, thanks to a share price trading well above current estimated trust value, LHC had minimal redemptions. ...READ MORE
Tonight we finally got the answer we’ve all been waiting for….what are the Eagle guys going to name their sixth SPAC? ...READ MORE
B. Riley Principal Merger Corp. (BRPM), which held their shareholder vote this morning, announced this afternoon the shareholder approval of their business combination with Alta Equipment Holdings, Inc.
The business combination is expected to close on February 14, 2020, upon which the Company will be renamed Alta Equipment Group Inc. ...READ MORE
Greenrose Acquisition Corp. (GNRSU), announced the pricing of their $150 million SPAC IPO this morning and the units are expected to begin trading today, Tuesday, February 11th, under the symbol Nasdaq: GNRSU. ...READ MORE
Mudrick Capital Acquisition Corp. (MUDS), filed an 8-K this morning detailing the results of their shareholder vote to extend their completion deadline to August 12, 2020 (held yesterday), and redemptions were heavy. ...READ MORE
TKK Symphony Acquisition Corporation (TKKS) announced this morning 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 SIXTH time. ...READ MORE
CITIC Capital Acquisition Corp. (CCAC.U), announced the pricing of their upsized $240 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Tuesday, February 11th, under the symbol NYSE: CCAC.U. ...READ MORE
Boxwood Merger Corp. (BWMC), filed an 8-K this afternoon detailing the results of their recent shareholder vote to approve their business combination with Atlas Intermediate Holdings, LLC, a provider of mission-critical technical services that help its public and private sector clients test, inspect, certify, plan, design and manage a wide variety of projects across the transportation, commercial, industrial, government, education and other nonresidential markets. ...READ MORE
Gores Holdings III, Inc. (PAE), which recently held their shareholder vote to complete their combination with PAE on Friday, February 7th, announced this morning that they have now closed their acquisition. ...READ MORE
DD3 Acquisition Corp. (DDMX), which today held their shareholder meeting to vote on their combination with Betterware de Mexico, filed an 8-K this afternoon detailing their results. However, those results are currently limited to just the shareholder vote, not the redemption results. ...READ MORE
Forum Merger II Corp. (FMCI), filed an 8-K this afternoon releasing the details of today’s shareholder vote to extend their deadline from February 7, 2020 to June 10, 2020, and once again, we had another extremely good vote. ...READ MORE
Pure Acquisition Corp. (PACQ), announced a few changes this morning, mostly concerning amending many of the dates within their agreements since they have previously extended their deadline and are heading into another extension vote on February 17th. ...READ MORE