Archives: Spacs

Spacs Information Page

Queens Gambit Growth Capital

Dec 29, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Swvl Inc.

ENTERPRISE VALUE: $1.133 million
ANTICIPATED SYMBOL: SWVL

Queens Gambit Growth Capital proposes to combine with Swvl Inc., a Dubai-based provider of transformative mass transit and shared mobility solutions. ...READ MORE

Virtuoso Acquisition Corp.

Dec 29, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Wejo Limited

ENTERPRISE VALUE: $800 million
ANTICIPATED SYMBOL: WEJO

Virtuoso Acquisition Corp. proposes to combine with Wejo Limited a leader in connected vehicle data.

Every day, Wejo collects in near-real-time 14.6 billion data points and analyzes 66 million journeys across a network of 10.7 million live vehicles from a supply base of over 50 million connected vehicles. ...READ MORE

TZP Strategies Acquisition Corp.

Dec 28, 2020 by Matt Cianci

LIQUIDATION – 1/6/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be January 20, 2023.
  • As of the close of business on January 23, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.
...READ MORE

Edify Acquisition Corp. *

Dec 28, 2020 by Matt Cianci

The below-announced combination was terminated on 3/1/24.  It will remain on the page for reference purposes only.

PROPOSED BUSINESS COMBINATION: Unique Logistics International, Inc.

ENTERPRISE VALUE: TBD
ANTICIPATED SYMBOL: tbd

Edify Acquisition Corp. ...READ MORE

Thoma Bravo Advantage

Dec 28, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: ironsource

ENTERPRISE VALUE: $10.334 billion
ANTICIPATED SYMBOL: IS

Thoma Bravo Advantage proposes to combine with ironsource, which provides a comprehensive business platform for app developers.

ironSource provides the most comprehensive business platform for the app economy. ...READ MORE

Pontem Corporation *

Dec 28, 2020 by Matt Cianci

LIQUIDATION – 5/15/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be May 26, 2023.
    • The per-share redemption price will be approximately $10.32

EXTENSION – 1/13/23 – LINK

  • The SPAC approved the extension of the date by which the Company has to consummate a business combination monthly from January 15, 2023 to July 15, 2023.
...READ MORE

Fortress Capital Acquisition Corp.

Dec 23, 2020 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Michael Nierenberg, 58
Chief Executive Officer and Chairman

Mr. Nierenberg, a Managing Director in Fortress’s Private Equity Group, is based in New York and is Chief Executive Officer and Chairman of New Residential Investment Corp.

...READ MORE

Silver Crest Acquisition Corporation

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: TH International Limited (Tim Hortons China)

ENTERPRISE VALUE: $1.790 billion
ANTICIPATED SYMBOL: THCH

Silver Crest Acquisition Corporation proposes to combine with TH International Limited (Tim Hortons China), a Canadian multinational fast food restaurant chain. ...READ MORE

Soaring Eagle Acquisition Corp.

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Ginkgo Bioworks, Inc. 

ENTERPRISE VALUE: $15.164 billion
ANTICIPATED SYMBOL: DNA

Arclight Clean Transition Corp. proposes to combine with Ginkgo Bioworks, Inc., a horizontal platform for synthetic biology, making it possible to program cells as easily as we can program computers and enabling innovation across industries, including therapeutics, industrials, food and agriculture. ...READ MORE

Gores Metropoulos II, Inc.

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Sonder

ENTERPRISE VALUE: $1.925 billion
ANTICIPATED SYMBOL: SOND

Gores Metropoulos II, Inc. proposes to combine with Sonder, a leading next-generation hospitality company. Sonder is expected to have a pro forma enterprise value of $2.2 billion and over $700 million of net cash at closing. ...READ MORE

890 5th Avenue Partners, Inc.

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: BuzzFeed

ENTERPRISE VALUE: $1.53 billion
ANTICIPATED SYMBOL: BZFD

890 5th Avenue Partners, Inc. proposes to combine with BuzzFeed, the leading tech-powered media company for digital content and commerce for millennial and Gen Z audiences. ...READ MORE

Adit EdTech Acquisition Corp. *

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: GRIID Infrastructure Inc.

ENTERPRISE VALUE: $3.3 billion
ANTICIPATED SYMBOL: GRDI

Adit EdTech Acquisition Corp. proposes to combine with GRIID Infrastructure Inc., a vertically integrated, bitcoin self-mining company.

GRIID, an American infrastructure company, is a vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of bitcoin mining facilities across the United States. ...READ MORE

Northern Genesis Acquisition Corp. II

Dec 23, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Embark Trucks, Inc.

ENTERPRISE VALUE: $4.545 billion
ANTICIPATED SYMBOL: EMBK

Northern Genesis Acquisition Corp. II proposes to combine with Embark Trucks, Inc. (“Embark” or the “Company”), a leading developer of autonomous software technology for the trucking industry. ...READ MORE

Monument Circle Acquisition Corp.

Dec 23, 2020 by Kristi Marvin

EXTENSION -12/30/22 – LINK

  • On December 14, 2022, stockholders of the Company approved an amendment to extend the date by which the Company would be required to consummate a business combination from January 19, 2023, to July 19, 2023 and an amendment to permit the Board, in its sole discretion, to elect to wind up the Company’s operations on an earlier date.
...READ MORE

Empowerment & Inclusion Capital I Corp.

Dec 22, 2020 by Matt Cianci

LIQUIDATION – 11/29/22 – LINK

  • Empowerment & Inclusion Capital I Corp. announced that, because the Company is unable to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter prior to Dec.
...READ MORE

Powered Brands

Dec 22, 2020 by Kristi Marvin

MANAGEMENT & BOARD


Executive Officers

Katherine Power, 40
Chief Executive Officer and Director

Katherine Power is a serial entrepreneur, prolific consumer brand-builder, CEO, and investor focused on products and businesses that connect primarily with female Millennial and Gen Z consumers.

...READ MORE