Archives: Spacs

Spacs Information Page

Monocle Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: AerSale Corporation


ESTIMATED CURRENT FUNDS in TRUST: $177.2 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.27*
ENTERPRISE VALUE: $372.0 million [Updated on 12-01-20 from $299.1 million]

*SPACInsider estimate 

SUBSEQUENT EVENT [12-17-20]

It is Monocle’s understanding that if the Available Closing Cash Amount is equal to or greater than $60 million (excluding any proceeds from the Subscription Agreements entered into by the AerSale co-founders (the “Co-Founder Proceeds”)) and the other conditions to the closing of the Business Combination are satisfied, then the parties to the Amended and Restated Merger Agreement will waive the condition to closing of the Business Combination set forth in Section 10.1(i) of the Amended and Restated Merger Agreement requiring that the Available Closing Cash Amount be equal to or greater than $75 million. ...READ MORE

Megalith Financial Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: BankMobile Technologies


ESTIMATED CURRENT FUNDS in TRUST: $33.2 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.38*
ENTERPRISE VALUE: $140 million

*SPACInsider estimate 

Megalith Financial Acquisition Corp. proposes to merge with BankMobile Technologies, a subsidiary of Customers Bank, and one of America’s largest digital banking platforms. ...READ MORE

Live Oak Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Danimer Scientific


ESTIMATED CURRENT FUNDS in TRUST: $200.1 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.01*
ENTERPRISE VALUE: $525 million

*SPACInsider estimate 

Live Oak Acquisition Corp. proposes to combine with Danimer Scientific, a next generation bioplastics company focused on the development and production of biodegradable materials. ...READ MORE

LifeSci Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Vincera Pharma, Inc.


ESTIMATED CURRENT FUNDS in TRUST: $65.5 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.00*
ENTERPRISE VALUE: tbd

*SPACInsider estimate

LifeSci Acquisition Corp. proposes to combine with Vincera Pharma, Inc., ...READ MORE

LF Capital Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: LandSea Homes


ESTIMATED CURRENT FUNDS in TRUST: $129.1 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.57*
ENTERPRISE VALUE: $630.5 billion

*SPACInsider estimate 

LF Capital Acquisition Corp. proposes to merge with LandSea Homes Incorporated, a high-growth residential homebuilder based in Newport Beach, CA that is focused on entry-level and move-up price points in attractive markets throughout California and Arizona. ...READ MORE

Legacy Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Onyx Enterprises Int’l Corp. (REPLACES ORIG. TRANSACTION)


ESTIMATED CURRENT FUNDS in TRUST: $64.4 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.51*
ENTERPRISE VALUE: $331.1 million

*SPACInsider estimate 

Legacy Acquisition Corp. ...READ MORE

Landcadia Holdings II

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Golden Nugget Online Gaming, Inc.


ESTIMATED CURRENT FUNDS in TRUST: $320.5 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.13*
ENTERPRISE VALUE: $745 million

*SPACInsider estimate 

Landcadia Holdings II proposes to acquire Golden Nugget Online Gaming, Inc. ...READ MORE

Kensington Capital Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Quantumscape


ESTIMATED CURRENT FUNDS in TRUST: $230.1 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.00*
ENTERPRISE VALUE: $3.3 billion

*SPACInsider estimate

Kensington Capital Acquisition Corp. proposes to combine with Quantumscape, a 10-year-old Silicon Valley battery startup backed by Volkswagen AG with an implied enterprise value of $3.3 billion. ...READ MORE

KBL Merger Company IV *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: CannBioRx Life Sciences Corp.


ESTIMATED CURRENT FUNDS in TRUST: $10.4 Million*
CURRENT PER SHARE REDEMPTION PRICE: $11.03*
ENTERPRISE VALUE:  TBD

*SPACInsider estimate a/o 10-17-20

KBL Merger Corp. IV announced a non-binding term sheet with CannBioRx Life Sciences Corp. ...READ MORE

HL Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Fusion Fuel Green Ltd


ESTIMATED CURRENT FUNDS in TRUST: $53.9 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.58*
IMPLIED EQUITY VALUE: $96.7

*SPACInsider estimate 

HL Acquisitions Corp. proposes to acquire Fusion Fuel Green Ltd, a clean energy company that has developed a proprietary technology and process for producing green hydrogen using concentrated photovoltaics. ...READ MORE

Hennessy Capital Acquisition Corporation IV *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Canoo Holdings, Ltd.


ESTIMATED CURRENT FUNDS in TRUST: $306.7 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.29*
ENTERPRISE VALUE: $1.8 billion

*SPACInsider estimate 

Hennessy Capital Acquisiton Corp. IV proposes to combine with Canoo, a Los Angeles-based company that has developed electric vehicles. ...READ MORE

Healthcare Merger Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: SOC Telemed


ESTIMATED CURRENT FUNDS in TRUST: $251.8 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.07*
ENTERPRISE VALUE: $721 million

Healthcare Merger Corp. proposes to combine with SOC Telemed with an initial enterprise value of approximately $720 million. ...READ MORE

Haymaker Acquisition Corporation II

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: ARKO Holdings Ltd.


ESTIMATED CURRENT FUNDS in TRUST: $405.1 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.13*
ENTERPRISE VALUE: $2.0 billion

*SPACInsider estimate 

SUBSEQUENT EVENT: NOVEMBER 13, 2020

  • Upon the closing of the Business Combination, up to 1 million shares of Series A Preferred Stock, in a total amount of up to $100 million, will be issued to the PIPE Investor, which will be convertible into shares of ARKO Corp.
...READ MORE

GreenVision Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Helbiz, Inc.

ENTERPRISE VALUE: $320.5 million
ANTICIPATED SYMBOL: HLBZ

GreenVision Acquisition Corp. (“GreenVision”) proposes to combine with Helbiz, Inc. (“Helbiz”), a technology company that offers micro-mobility solutions for the world’s busiest cities. ...READ MORE

Gores Metropoulos

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Luminar Technologies, Inc.


ESTIMATED CURRENT FUNDS in TRUST: $406.3 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.16*
ENTERPRISE VALUE: $2.9 billion

*SPACInsider estimate

Gores Metropoulos, Inc. proposes to combine with Luminar Technologies, Inc., ...READ MORE

Gores Holdings IV, Inc.

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: United Wholesale Mortgage (“UWM”)

EQUITY VALUE: $16.1 billion
ANTICIPATED SYMBOL: UWMC

Gores Holdings IV, Inc. proposes to combine with United Wholesale Mortgage (“UWM”). UWM is the largest wholesale mortgage originator in the United States with nearly 7,000 dedicated team members. ...READ MORE

FS Development Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: Gemini Therapeutics

ENTERPRISE VALUE: $265.6 million
ANTICIPATED SYMBOL: GMNI

Gemini Therapeutics, a clinical stage precision medicine company developing innovative treatments for genetically defined age-related macular degeneration (AMD), and FS Development Corp. ...READ MORE

Fortress Value Acquisition Corporation

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: MP Materials


ESTIMATED CURRENT FUNDS in TRUST: $345.2 million*
CURRENT PER SHARE REDEMPTION PRICE: $10.00*
ENTERPRISE VALUE: $1.0 billion

*SPACInsider estimate 

Fortress Value Acquisition Corp. proposes to combine with MP Materials, the owner and operator of Mountain Pass, the only rare earth mining and processing site of scale in North America. ...READ MORE

East Stone Acquisition Corporation *

Oct 19, 2020 by Roman Developer

PROPOSED BUSINESS COMBINATION: ICONIQ Holding Limited

ENTERPRISE VALUE: $2.5 billion
ANTICIPATED SYMBOL: tbd

East Stone Acquisition Corporation proposes to combine with ICONIQ Holding Limited (“NWTN”), a company engaged in the business of developing smart electric vehicles. ...READ MORE