Union Acquisition Corporation (LTN), announced this morning that they have entered into a definitive share exchange agreement with Bioceres, a Latin American agricultural biotech company, with an anticipated initial enterprise value of approximately U.S.$456 ...READ MORE
Vantage Energy Acquisition Corp. (VEAC), announced this morning it has entered into a definitive agreement with QEP Energy Company, a wholly owned subsidiary of QEP Resources, Inc., to acquire the entirety of QEP’s Williston Basin assets in North Dakota and Montana. ...READ MORE
CM Seven Start Acquisition Corp. (CMSS), announced yesterday evening it has entered into a business combination with Kaixin Auto Group (“Kaixin”), a leading premium used car dealership network in China and its owner, Renren Inc. (“Renren”) ...READ MORE
Hunter Maritime released the results of their Extension Tender Offer this morning, revealing that a total of 12,999,350 Class A common shares were tendered for a total purchase price of $131,618,418.75. This represents approximately 86% of the Company’s issued and outstanding Class A common shares as of November 6, 2018. ...READ MORE
Kayne Anderson Acquisition Corp. (KAAC) announced the results tonight of their shareholder vote to approve their business combination with Apache to form Altus Midstream. In short, KAAC’s combination was approved, but once again, there were a surprising number of redemptions for an A-team. ...READ MORE
Stellar Acquisition III (STLR), announced a number of amendments to their merger agreement with Phunware, earlier this morning. Presumably, to aid in completing their combination. Stellar, which has until December 26th to wrap things up, currently has a little more than $19 million held in trust ($19.49 million per their latest 10-Q). ...READ MORE
In light of the heavy amount of announcements this morning, a summary of each company (IAM, MPAC, GTYH and AHPA) has been provided below.
I-AM Capital filed a preliminary proxy to hold their shareholder vote on November 9th, this Friday. ...READ MORE
Friday evening, Easterly Acquisition Corp., a $200 million SPAC, released the results of their shareholder vote to approve their business combination with Sirius International Insurance Group, Ltd. Shareholders approved the combination with 16,436,502 votes “for”, but there were a sizeable number of redemptions. ...READ MORE
Modern Media Acquisition Corp. (MMDM), announced this morning that they had entered into a “non-binding letter of intent” with a private company. And that’s all we got. No name of the company, no details. ...READ MORE
Haymaker Acquisition Corp. (HYAC), announced Thursday evening that they have entered into a definitive agreement with OneSpaWorld (“OSW”), a global provider of health and wellness products and services onboard cruise ships and in destination resorts around the world, with the transaction being valued at $948 million. ...READ MORE
The contest winner, who also wishes to remain anonymous (we hear ya), received a total of 180 votes out of 360 total, or exactly 50%. ...READ MORE
In the least shocking news of the week, Barington/Hilco announced this morning of their intention to liquidate. The redemption price per share is $10.87854059 (they really carried that out far) and its public shares ceased trading as of this morning, November 1, 2018. As ...READ MORE
Matlin & Partners Acquisition Corp. (MPAC), announced early this morning that their shareholder vote to complete their business combination with U.S. ...READ MORE
This afternoon, Hunter Maritime (HUNT) released the results of their shareholder vote to extend the date by which the company must consummate its initial business combination from November 23, 2018 to April 23, 2019. ...READ MORE
Avista Healthcare Public Acquisition Corp., announced late Tuesday afternoon that not only did their originially approved extension proposal vote not get passed, but that they are liquidating due to an error in the voting process which, according to AHPA’s charter requires 100% participation in the extension vote. ...READ MORE
Federal Street Acquisition Corp. (FSAC), which was supposed to hold it’s shareholder vote this morning to approve their business combination with Universal Hospital Services, Inc. ...READ MORE
Voting closes at 5:00PM (ET) on Wednesday, and we will announce the winner on Thursday. ...READ MORE
Late Friday evening, Boxwood Merger Corp., filed for $250 million SPAC IPO. Boxwood, which will be led by Stephen Kadenacy, as CEO and Director, intends to focus on companies “that provide technical and industrial services in the United States”. ...READ MORE
Thursday evening, AMCI Acquisition Corp. filed for a $200 million SPAC IPO with a focus on the global natural resources sector and related infrastructure, value chain and logistics businesses. AMCI will be led by Hans Mende, as Executive Chairman of the Board, and William Hunter, as CEO, CFO and Director. ...READ MORE
Tuesday evening, the Fintech team filed their third SPAC with Fintech Acquisition Corp. III, for a $275 million IPO. ...READ MORE