Archives: Spacs

Spacs Information Page

Ventoux CCM Acquisition Corp. *

Dec 1, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Presto Automation Inc

ENTERPRISE VALUE: $634.1 million
ANTICIPATED SYMBOL: PRST

Ventoux CCM Acquisition Corp. proposes to combine with Presto Automation Inc, a leading provider of restaurant labor productivity. ...READ MORE

ScION Tech Growth I

Nov 30, 2020 by Matt Cianci

MANAGEMENT & BOARD


Executive Officers

Mathew J. Cestar, 50
Chief Executive Officer and Director

Mr. Cestar served as Managing Director of Credit Suisse from 2005 to 2020, and as Co-Head of its EMEA Investment Banking and Capital Markets from 2017 to 2019 with responsibility for Mergers & Acquisitions, Debt & Equity Capital Markets Groups and the EMEA Investment Banking sector and country coverage teams.

...READ MORE

MedTech Acquisition Corporation *

Nov 30, 2020 by Matt Cianci

SUBSEQUENT EVENT – 5/24/24 – LINK

Warrant Exchange Offer

  • Warrant holders have the opportunity to receive 0.30 shares of common stock for each Warrant tender.
    • Alongside the Offer, the Company is simultaneously seeking consent to amend the Warrant Agreement to allow for the mandatory exchange of all outstanding Exchange Warrants into common stock at a reduced ratio of 0.27 shares per Warrant, contingent on acquiring the necessary consent from warrant holders.
...READ MORE

Marquee Raine Acquisition Corp.

Nov 27, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Enjoy Technology

ENTERPRISE VALUE: $1.06 billion
ANTICIPATED SYMBOL: ENJY

Marquee Raine Acquisition Corp. proposes to combine with Enjoy Technology, a technology-powered service platform reinventing “Commerce at Home”.

Enjoy’s mission is to reinvent “Commerce at Home” and disrupt the physical retail model by bringing a personalized, convenient retail experience through the door and into the comfort of a customer’s home. ...READ MORE

Motive Capital Corp

Nov 25, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Forge Global, Inc.

ENTERPRISE VALUE: $1.601 billion
ANTICIPATED SYMBOL: FRGE

Motive Capital Corp proposes to combine with Forge Global, Inc., a leading global private securities marketplace.

  • Through Forge, employees can sell their private shares, employers can reward shareholders with pre-IPO liquidity and individual and institutional investors can participate in private unicorn growth.
...READ MORE

Globis Acquisition Corp. *

Nov 24, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Forafric Global PLC

ENTERPRISE VALUE: $299.6 million
ANTICIPATED SYMBOL: AFRI

Globis Acquisition Corp. proposes to combine with Forafric Global PLC, a vertically integrated agribusiness serving North Africa.

Forafric is at the forefront of strengthening food systems to serve Africa’s growing population and urbanization and addressing food insecurity and undernourishment. ...READ MORE

Roth CH Acquisition II Co.

Nov 24, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Reservoir Holdings, Inc. (“Reservoir”)

ENTERPRISE VALUE: $788.5 Million
ANTICIPATED SYMBOL: RSVR

Reservoir Holdings, Inc., a leading independent music company, and Roth CH Acquisition Co. II (NASDAQ: ROCC) (“Roth CH II” or “ROCC”), announced the signing of a definitive agreement for a business combination that will result in Reservoir becoming a public company. ...READ MORE

Marlin Technology Corporation

Nov 24, 2020 by Matt Cianci

MANAGEMENT & BOARD


Executive Officers

Nick Kaiser, 43
Chief Executive Officer and Director

Mr. Kaiser has served as Marlin’s Co-Founder and Senior Managing Director since its inception over 15 years ago. He is actively engaged in all aspects of managing the firm including the oversight of all investment related activities and decisions.

...READ MORE

Fortress Value Acquisition Corp. III

Nov 20, 2020 by Kristi Marvin

LIQUIDATION – 11/22/22 – LINK

  • At the special meeting of stockholders of Fortress Value Acquisition Corp. III held on November 22, 2022, stockholders of the Company approved:
    • (i) the second amended and restated certificate of incorporation and
    • (ii) an amendment to the Investment Management Trust Agreement, dated January 4, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, to allow the Company to redeem all of its outstanding shares of Class A common stock in advance of the Company’s contractual expiration date of January 7, 2023, by changing the date by which the Company must cease all operations except for the purpose of winding up if it fails to complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination from January 7, 2023, to the later of November 22, 2022 (the “Amended Termination Date”).
...READ MORE

Frazier Lifesciences Acquisition Corporation

Nov 20, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: NewAmsterdam Pharma Holding B.V.

ENTERPRISE VALUE: $326 million
ANTICIPATED SYMBOL: NAMS

Frazier Lifesciences Acquisition Corporation proposes to combine with NewAmsterdam Pharma Holding B.V., a late clinical-stage company focused on the research and development of transformative oral therapies for major cardiometabolic diseases. ...READ MORE

Nebula Caravel Acquisition Corp.

Nov 20, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Rover

ENTERPRISE VALUE: $1.35 billion
ANTICIPATED SYMBOL: ROVR

Nebula Caravel Acquisition Corp. proposes to combine with Rover, Inc. (“Rover”) the world’s largest network of five-star pet sitters and dog walkers. ...READ MORE

Revolution Acceleration Acquisition Corp.

Nov 20, 2020 by Matt Cianci

PROPOSED BUSINESS COMBINATION: Berkshire Grey

ENTERPRISE VALUE: $2.234 billion
ANTICIPATED SYMBOL:  BGRY

Berkshire Grey, a developer of integrated artificial intelligence (“AI”) and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition Corp, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion. ...READ MORE

HumanCo Acquisition Corp.

Nov 20, 2020 by Kristi Marvin

LIQUIDATION – 11/21/22 – LINK

  • The SPAC intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering, at a per-share redemption price of approximately $10.08.
...READ MORE

DD3 Acquisition Corp. II

Nov 19, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Codere Online

ENTERPRISE VALUE: $353 million
ANTICIPATED SYMBOL: CDRO

DD3 Acquisition Corp. II proposes to combine with Codere Online. Codere Online launched in 2014 as a part of the international gaming operator Codere Group, offering online sports betting and online casino through its state-of-the art websites and mobile applications. ...READ MORE

Liberty Media Acquisition Corp.

Nov 19, 2020 by Kristi Marvin

LIQUIDATION VOTE – 11/15/22 – LINK

  • In connection with the approval and implementation of the Charter Amendment, the holders of 44,520,391 public shares of Series A common stock, par value $0.0001 per share, of the Company, exercised their right to redeem their shares for cash at a redemption price of approximately $10.07 per share
    • Following such redemptions, 12,979,609 public shares of Series A Common Stock remain outstanding.
...READ MORE

Adara Acquisition Corp.

Nov 18, 2020 by Kristi Marvin

PROPOSED BUSINESS COMBINATION: Alliance Entertainment Holding Corporation

ENTERPRISE VALUE: $591.15 million
ANTICIPATED SYMBOL: AENT

Adara Acquisition Corp. proposes to combine with Alliance Entertainment Holding Corporation, a distributor and wholesaler of a large stock selection of music, movies, video games, electronics, arcades, and collectibles. ...READ MORE