When it comes to SPACs, the accountants are usually not the first phone call when it comes to choosing your deal team. It’s usually the underwriters first, then the lawyers and finally….the ...READ MORE
Atlantic Acquisition Corp. (“ATAQ”), released the results of its shareholder vote to approve ATAQ’s previously announced business combination with HF Group Holding Corporation, a leading food-service distributor operated by Chinese Americans serving Chinese/Asian restaurants that are primarily Chinese takeout restaurants located in the southeastern United States. ...READ MORE
Tenzing Acquisition Corp., an India-focused SPAC, filed an amended prospectus tonight with a notable change to the terms. ...READ MORE
TKK Symphony Acquisition Corporation announced the pricing of their $220 million SPAC this morning and the unit will begin trading today under the symbol TKKSU.
TKK Symphony intends to focus on consumer and lifestyle companies in the PRC and is being led by Mr. ...READ MORE
Jensyn Acquisiton Corp., in an surprise move after releasing their definitive proxy statement this morning to extend their completion date to January 3, 2019, released ANOTHER statement shortly before the closing bell. ...READ MORE
TKK Symphony is widely expected to price their $200 million China consumer/lifestyle SPAC tonight. As a reminder, TKK Symphony is being led by Sing Wang, as Chairman and CEO. ...READ MORE
I-AM Capital Acquisition Company, which had originally scheduled its shareholder vote to approve its business combination with Smaaash Entertainment for tomorrow (August 15, 2018), is postponing the vote-date to September 7th. ...READ MORE
Federal Street Acquisition Corp. (“FSAC”) announced early this morning they have entered into a definitive merger agreement with Universal Hospital Services, Inc. (“UHS”), a leading, nationwide provider of healthcare technology management and service solutions and a portfolio company of Irving Place Capital Management, L.P. ...READ MORE
Late Friday afternoon, while everyone was waiting to see if Chinh Chu would finally file for his second IPO, the Gores team made a surprise filing with their third SPAC – Gores Holdings III, Inc. ...READ MORE
Last night, Spartan Energy announced the pricing of their $480 million Apollo sponsored SPAC. The unit will begin trading this morning under the symbol SPAQ.U. ...READ MORE
Yesterday, we had a new SPAC IPO entry in the form of Longevity Acquisition Corporation, a $40 million China-focused SPAC being led by Matthew Chen, as Chairman and CEO. ...READ MORE
Kayne Anderson Acquisition Corp. and Apache Corporatation announced an agreement late this afternoon to create Altus Midstream Company, a $3.5 bilion pure-play, Permian Basin Midstream C-Corp. ...READ MORE
(Note: The below was a topic that was already discussed in the weekly subscriber email, but given that it is a very relevant topic we have updated the data and are re-posting to the site)
The NYSE put out a press release a week or so back, detailing their results for the first half of 2018. ...READ MORE
Spartan Energy Acquisition Corp., filed a new S-1/A this morning, with a few changes. The most notable change being a new banker in the line-up (and the removal of Apollo Global Securities). ...READ MORE
Constellation Alpha Capital Corp., a SPAC focused on the healthcare services sector in India, announced late Thursday evening that it has executed a definitive agreement to acquire Medall Healthcare Private Limited (“Medall”), a leading integrated pathology and radiology company located in India. ...READ MORE
Forum Merger II Corporation announced the pricing of their $200 million SPAC tonight and the unit will begin trading Friday morning under the symbol FMCIU.
Forum II is being led by Co-Chief Executive Officers Marshall Kiev and David Boris, and are focusing their search on companies that are based in the United States with aggregate enterprise values of between approximately $500 million and $2 billion. ...READ MORE
Forum Merger II, filed their CERT just before the market close today, indicating they will be pricing their IPO tonight for trading Friday.
This is Jefferies’ first 2018 SPAC as sole bookrunning manager, and a $200 million deal is a nice way to start. ...READ MORE
We have spoken with investors who say they were allocated Tottenham Acquisition I Limited and should begin trading today, but as of right now there hasn’t been a press release confirming. ...READ MORE
Tottenham Acquisition I Limited, filed their CERT this afternoon and should be pricing their IPO tonight for trading Thursday.
The $40 million Tottenham, which is focused on businesses primarily located in China/Asia, will be kicking off August as the first SPAC to price this month. ...READ MORE
Last week, I had the opportunity to sit down and discuss SPACs with an investor who requested we call her “Jessica Livermore”, or Jessica for short. ...READ MORE