Q2 & H1 2018 SPAC Underwriting IPO League Tables

Jul 1, 2018 Underwriting League by Kristi Marvin

Below are the recently released Q2 & H1 2018 SPAC IPO Underwriting League Tables

Credit Suisse led 2018's second quarter based on deal volume, but BofA Merrill Lynch took top honors for SPAC IPOs in the first half of 2018. BofA has been making big moves this year with $1.3 billion in SPAC underwritings to date, whereas in all of 2017 BofA's total was just $460 million (completed in one transaction). And while Credit Suisse has always been at the top of the SPAC IPO pack, BofA's efforts are notable and a bank to watch in the second half of the year.
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Winner of the 2018 SPACInsider Underwriters League Tournament

Jun 29, 2018 INTEL by Kristi Marvin

Congratulations to Credit Suisse!

Credit Suisse is the 2018 SPACInsider Underwriters League Tournament Champion!

As winner, you will be receiving the SPACInsider Underwriters League Champion Award, sponsored by Refresh Creations

This is just a mock-up, since Refresh Creations was awesome enough to get involved at the last minute, but we will be sending the final version to Credit Suisse in the next two weeks once complete. ...READ MORE

FINALS: Underwriters League Tournament Championship Round!

Jun 28, 2018 INTEL by Kristi Marvin

FINALS: GET YOUR VOTES IN!!

After some HEAVY voting last night, Credit Suisse made a comeback and beat B. Riley FBR, 62% to 38%.

It’s still early, but Credit Suisse is currently leading Cantor by 82% to 18%. ...READ MORE

TWO UPSIZES! New Frontier & HL Acquisitions Both Upsize their SPACs

Jun 28, 2018 INTEL by Kristi Marvin

Not only did we get a double order of SPACs tonight, but we got the meal with gravy.

Tonight, both New Frontier Corp. and HL Acquisitions filed to upsize their SPAC IPO offerings to cap off an extremely busy month on a high note. ...READ MORE

HL Acquisitions Corp. Also Pricing IPO Tonight

Jun 27, 2018 INTEL by Kristi Marvin

We Have Another SPAC Double Header Tonight

HL Acquisitions Corp., just filed their CERT, so we have two SPACs now pricing for Thursday trading (the other being New Frontier).

HL Acquisitions is a $42.5 million SPAC focused on the “hydrocarbon logistics and processing sector” and is headed by is headed by CEO, Jeffrey Schwarz, the co-founder of Metropolitan Capital Advisors, Inc., ...READ MORE

New Frontier Corp. Pricing IPO Tonight

Jun 27, 2018 INTEL by Kristi Marvin

SPACs…the Final Frontier? (For the Quarter at Least)

Apologies for the Star Trek quote, but every time I hear “New Frontier,” its all I can think of…

New Frontier Corp., just filed their CERT, so as widely expected, this SPAC will be pricing their up-sized $230 million IPO tonight for trading Thursday. ...READ MORE

The Final Four: One of the Matches is Tight! Get Your Votes in!

Jun 27, 2018 INTEL by Kristi Marvin

THE FINAL FOUR!

It’s only 10:15AM, but voting has been heavy this morning and the match between Cantor and EarlyBird is tight!

Remember, voting ends at Midnight and the ultimate winner is based on TOTAL number of votes throughout the entire tournament. ...READ MORE

Don’t Forget to Vote: UWs League Tournament – We’re Down to 8!

Jun 26, 2018 INTEL by Kristi Marvin

The Elite Eight Matches

Voting ends at Midnight so there’s still time…Get your votes in to see who makes the Final Four!

Standings:

Bofa 67% vs Credit Suisse 33%
B. Riley FBR 100% vs. ...READ MORE

hennessy releases results of shareholder vote

News Alert: Hennessy III Announces Acquisition of NRC Group for $662.5 Million

Jun 26, 2018 INTEL by Kristi Marvin

The Transaction includes a fully-committed equity capital commitment of up to $125 million from Nomura Securities International, Inc.

Hennessy Capital Acquisition Corp. III, Daniel Hennessy’s third SPAC focused on the industrial sector, announced this morning it has entered into a definitive agreement and to acquire NRC Group Holdings, a portfolio company of private equity firm, J.F. ...READ MORE

Dealmaker Chinh Chu Expected to File a New SPAC

Jun 25, 2018 INTEL by Kristi Marvin

Chinh Chu, who lead the 2016 $600 million CF Corporation, looking to file SPAC #2

U.S. News and World Report just released an article stating that Chinh Chu, a former Blackstone Group dealmaker, has partnered with Pinnacle Foods Chairman Roger Deromedi, for a new SPAC focused on the consumer sector. ...READ MORE

Underwriters Tournament Update: We Might Have Some Upsets…

Jun 25, 2018 INTEL by Kristi Marvin

Tournament Update of the SPAC Sixteen Matches

We have a pretty decent match going on between BofA and Chardan. Chardan took the lead this morning, but BofA came back and is now leading 57% to 43%. ...READ MORE

News Alert: Easterly Acquisition Corp Announces Combination with Sirius International Insurance Group

Jun 25, 2018 INTEL by Kristi Marvin

Easterly and Sirius to Combine in an All Stock Transaction for a Pro Forma Market Cap of $2.2 Billion

Easterly Acquisition Corp, a SPAC focused on the financial services sector, announced this morning it has entered into a definitive agreement and plan of merger with Sirius International Insurance Group, Ltd., a ...READ MORE

1st Annual 2018 SPACInsider Underwriters League Tournament is Open!

Jun 24, 2018 INTEL by Kristi Marvin

VOTE FOR YOUR UNDERWRITERS!

In light of the forthcoming second quarter league tables being published next week, SPACInsider has created our first annual Underwriters League Tournament! It’s been an incredibly busy month for SPACs and we wanted to have some fun and inspire a little healthy competition, so we hope you enjoy and participate in each day’s matches. ...READ MORE

News Page is Down

Jun 22, 2018 INTEL by Kristi Marvin

We’re having technical difficulties with the News Page. We’re working to solve the issue and hope to have it back up as soon as possible.

Origo Acquisition Corp. and High Times Doing a Concurrent Reg A+ Capital Raise?

Jun 22, 2018 INTEL by Kristi Marvin

Either I’ve got a contact high or the NY Post just let out some interesting information.

High times, indeed. According to a NY Post article that was posted late last night, Origo Acquisition Corporation’s target, High Times, began a Reg A+ funding round this week, exactly one week after shareholders approved the new completion extension date of September 12th. ...READ MORE

Allegro Merger Corp. Makes Some Changes to Its SPAC Structure

Jun 21, 2018 INTEL by Kristi Marvin

Allegro Merger Corp. Filed an Amended S-1 this Afternoon with Some Notable Changes.

In addition to bringing on Chardan Capital Markets as a co-manager, Allegro Merger Corp. changed its Rights Terms to reflect holders receiving one-tenth (1/10) of a share versus the originally stated one-twentieth (1/20). ...READ MORE

News Alert: Gores Holdings II, Inc. Announces Combination with Verra Mobility

Jun 21, 2018 INTEL by Kristi Marvin

Gores II and Verra Mobility to Combine with $2.4 Billion Enterprise Value

Gores Holdings II, a $400 million SPAC, announced this morning it has entered into a definitive agreement and plan of merger with Verra Mobility, a provider of tech-enabled smart transportation solutions and a portfolio company of Platinum Equity, with an anticipated initial enterprise value of $2.4 billion. ...READ MORE

New Frontier Just Added New “Indications of Interest” to its Prospectus

Jun 20, 2018 INTEL by Kristi Marvin

Upsized to $230 Million and Includes a $90 Million “Indication of Interest”

New Frontier Corp. filed an amended S-1 this morning with a few noteworthy changes. First, the transaction size is now $230 million, up from $200 million in previous filings. ...READ MORE

Side-by-Side Comparison of the Twelve Seas and LF Capital SPAC IPOs

Jun 20, 2018 INTEL by Kristi Marvin

Twelve Seas Prices an Upsized $180 Million IPO and LF Capital Prices $135 Million IPO

Last night, both Twelve Seas Investment Company and LF Capital Acquisition Corp. priced their initial public offerings and will begin trading today under the symbols TWLVU and LFACU, respectively. ...READ MORE

LF Capital ALSO Pricing Tonight: $135 Million SPAC

Jun 19, 2018 INTEL by Kristi Marvin

It’s SPAC Week. Anybody Else Want to Price??

Well, it looks like LF Capital Acquisition Corp., a $135 million Fintech-focused SPAC, is pricing Tuesday evening as well. LF Capital filed their CERT shortly after Twelve Seas, so we’ve got ourselves a double dose of SPACs. ...READ MORE

Author: Kristi Marvin

Below are the recently released Q2 & H1 2018 SPAC IPO Underwriting League Tables

Congratulations to Credit Suisse!

FINALS: GET YOUR VOTES IN!!

Not only did we get a double order of SPACs tonight, but we got the meal with gravy.

We Have Another SPAC Double Header Tonight

SPACs…the Final Frontier? (For the Quarter at Least)

THE FINAL FOUR!

The Elite Eight Matches

The Transaction includes a fully-committed equity capital commitment of up to $125 million from Nomura Securities International, Inc.

Chinh Chu, who lead the 2016 $600 million CF Corporation, looking to file SPAC #2

Tournament Update of the SPAC Sixteen Matches

Easterly and Sirius to Combine in an All Stock Transaction for a Pro Forma Market Cap of $2.2 Billion

VOTE FOR YOUR UNDERWRITERS!

Either I’ve got a contact high or the NY Post just let out some interesting information.

Allegro Merger Corp. Filed an Amended S-1 this Afternoon with Some Notable Changes.

Gores II and Verra Mobility to Combine with $2.4 Billion Enterprise Value

Upsized to $230 Million and Includes a $90 Million “Indication of Interest”

Twelve Seas Prices an Upsized $180 Million IPO and LF Capital Prices $135 Million IPO

It’s SPAC Week. Anybody Else Want to Price??