New SPAC Filing: HL Acquisitions Corp. Files for $42.5 Million IPO

HL Acquisitions Corp: The “Fleece Vest” of SPACs

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

News Alert: GS Acquisition Holdings Prices $600 Million IPO

Industrials Focused SPAC GS Acquisition Holdings Corp. to Begin Trading Today

This morning, GS Acquisitions Holdings announced the pricing of their $600 million Goldman Sachs sponsored SPAC.  The unit will begin trading this morning under the symbol  GSAH.U. ...READ MORE

GS Acquisition Holdings: Pricing Tonight?

GS Acquisition Holdings Files NYSE Certification Indicating Pricing is Imminent

GS Acquisition Holdings filed their NYSE Certification this morning further indicating it is pricing its SPAC IPO tonight for trading tomorrow – Friday, June 8th.  ...READ MORE

Far Point Upsizes SPAC to $500 Million

Far Point Acquisition Corporation Files for $400 Million $500 Million IPO

Far Point Acquisition Corp, the Third Point LLC sponsored Fintech SPAC, filed an amended S-1 today, upsizing the deal to $500 million.  ...READ MORE

New SPAC Filing: New Frontier Corp. Files for $200 Million IPO

New Frontier Corp: Focused on the “Chinese New Economy Sectors”, Plus a Big Anchor Investor

Late today, New Frontier Corp. filed for a $200 million IPO focused on healthcare, technology or education sectors in China, which they refer to as the “Chinese new economy sectors”. ...READ MORE

News Alert: GS Acquisition Holdings to Launch $600 Million SPAC Today

Industrials-Focused GS Acquisition Holdings Corp. Commences IPO

Well that was fast.  From initial S-1 filing to marketing took all of 17 days for the $600 million GS Acquisition Holdings Corp.  Phenomenal work by the lawyers getting through the SEC comment period faster than you can say, “warrant redemption for shares”. ...READ MORE

News Alert: Osprey Energy Acquisition Corp. & Blackstone’s Royal Resources Announce Combination

Osprey Energy Acquisition Corp. and Blackstone’s Royal Resources to Form Falcon Minerals Corporation, an Oil-Weighted Minerals Company

Osprey Energy Acquisition Corp., an energy-focused SPAC, announced this morning it has entered into a definitive agreement to acquire the assets of Royal Resources, an entity owned by funds managed by Blackstone Energy Partners and Blackstone Capital Partners. ...READ MORE

New SPAC Filing: Twelve Seas Investment Company Files for $100 Million IPO

Twelve Seas Investment Company: Focused on the Pan-Eurasian Region

Late this afternoon, Twelve Seas Investment Company filed for a $100 million IPO.  Twelve Seas is headed by former KKR General Partner, Neil Richardson, and Dmitri Elkin, former General Partner of UFG Private Equity.  ...READ MORE

Mid-day News Update: GSAH, LCA, JSYN, BCAC

The Latest News in SPACs

GSAH: GS Acquisition Holdings Corp.

GS Acquisition Holdings filed an amended S-1 yesterday, adding three new Directors to the Board. They are James Albaugh, former President and CEO of Boeing, Roger Fradin, former president and chief executive officer of Honeywell’s Automation and Control Solutions business, and Steven Reinemund, former Chairman, Executive Chairman and CEO of PepsiCo.  ...READ MORE

News Alert: Trident Acquisitions prices $175 million IPO

Eastern European Energy Focused SPAC Trident Acquisitions Corp. Prices $175 Million IPO

This morning, Trident Acquisitions Corp. announced the pricing of their $175 million Eastern European energy-focused SPAC and the unit began trading late this morning under the symbol TDACU. ...READ MORE

BTIG Just Hired a SPAC “Legend”…

Gil Ottensoser to Join BTIG as Head of SPAC Program

A press release today announced that BTIG has hired Gil Ottensoser, to lead their SPAC Banking and Capital Markets effort, signaling a major push into the Special Purpose Acquisition Company field by BTIG. ...READ MORE

Eric Rosenfeld Files for SPAC #6 with Allegro Merger Corp.

Crescendo is Putting the Band Back Together.  Again!

Crescendo Partners’ Eric Rosenfeld, filed for a $130 million IPO late Tuesday, making Allegro Merger Corp., Rosenfeld’s sixth consecutive SPAC. In addition to an obsessive penchant for musical-term branding, the Allegro team and board seem to have a penchant for each other as well, since all have worked together (with the exception of board member Robert Deluce) on one or more of Rosenfeld’s five prior SPACs.  ...READ MORE

Updates: NESR, OMAD, OACQF and Next Week

Ahead of Memorial Day Weekend….

Before everyone heads out for Memorial Day Weekend (because as we all know, not a whole lot is going to get done tomorrow), a few items of note below on NESR, OMAD and OACQF.  ...READ MORE

GS Acquisition Holdings’ Warrant Redemption for SHARES

Let’s Talk about the GS Acquisition Holdings Warrant Redemption Feature..

By now, most people who follow the SPAC product have heard about the Goldman Sachs sponsored, GS Acquisition Holdings Corp.  ...READ MORE

Third Point LLC Files for $400 Million SPAC

Dan Loeb’s Third Point LLC Debuts New SPAC: Far Point Acquisition Corporation

Third Point LLC, makes its entry into the Special Purpose Acquisition Company field with Far Point Acquisition Corporation, a $400 million IPO focusing on the Fintech space.  ...READ MORE

Goldman SPACs? A Deep Dive on the GS Acquisition Filing

SPACS….So Hot Right Now…

Late Friday afternoon, GS Acquisition Holdings Corp. filed for a $600 million NYSE SPAC IPO, capping off a busy week that included one SPAC rumor, two IPOs, an acquisition announcement and a liquidation. ...READ MORE

News Alert: WAITR Serves Itself to Landcadia for $308 Million

Landcadia Holdings, Inc. and Waitr Announce Merger Agreement

Joint Investor Conference Call Scheduled for Tomorrow, Thursday, at 9:00 am ET

This afternoon, Landcadia, a $250 million SPAC, finally announced it had a definitive merger agreement with Waitr, a restaurant platform for online ordering and on-demand food delivery. ...READ MORE

Another Day, Another SPAC IPO… $200 Million for VectoIQ

VectoIQ Acquisition Corp. Prices Their $200 Million IPO…With a Few Tweaks to the Terms

On Tuesday evening, VectoIQ announced the pricing of its Nasdaq-listed SPAC, raising $200 million in its initial public offering.  ...READ MORE

Trinity Merger Corp. Prices $300 Million IPO

Trinity Merger Corp. Priced Their $300 Million IPO, But Did You Catch the Change to the Terms?

This morning, Trinity Merger Corp. announced the pricing of their $300 million real estate focused SPAC and the unit should begin trading later this morning under the symbol TMCXU.  ...READ MORE